News

Moody's: Private Equity interest in Net Zero Assessment for exits growing

Private equity (PE) firms are increasingly approaching Moody's Ratings about securing Net Zero Assessments (NZAs) for investment exits as the focus on transition credibility among buyers strengthens.

L&G removes Cosco from divestment list based on climate progress

L&G Asset Management has removed Chinese state-owned shipping giant Cosco from its climate-based divestment list after it said the company made "several" key improvements to its strategy, including an 'ambition' for its shipping operation to be net zero by 2050.

'We are still speaking different languages on core sustainability data'

Sustainable investors are still struggling to find "accurate and reliable" sustainability data even for some information that can appear fairly straightforward, according to an Asian sustainable bond investor.

People Moves, 25 July: Robeco, 500 Global, BII, Tokio Marine GX ... and more

Emirates NBD to publish TNFD report later this year

Emirates NBD plans to publish its Taskforce on Nature-related Financial Disclosures (TNFD) report later this year, but difficulties on data remain.

EU aiming to adopt CSRD cuts by mid-2026, commissioner says

Drastic cuts to the EU Corporate Sustainability Reporting Directive (CSRD) standards will be adopted in "the first half of next year" if the European Commission's simplification drive progresses as planned, a key official said.

UK carbon credit boom "once-in-a-generation" opportunity, says Oxygen Conservation

Premium UK carbon credits could hit £500 per tonne by 2050, according to Oxygen Conservation, telling Environmental Finance it is an opportunity for investors to generate "oversized" returns.

SEC playing games over climate rule it has no intention to enforce, commissioner says

The US Securities and Exchange Commission (SEC) has been accused of playing "games" with the law courts by refusing to faithfully comply with a request for information on whether it will enforce its climate rule, in comments by one of its own commissioners.

UK government urged to increase transparency on BNG

Better transparency is needed on Biodiversity Net Gain (BNG) to "reinforce" its integrity, investors and parliamentarians have told the UK government.

'Pensions lack basic literacy on impact investing'

Many pension schemes have a poor understanding of impact investment strategies, Pensions for Purpose has claimed, stating they rely heavily on consultancies to help them fill gaps.