News

Omitting finance-related emissions reporting will undermine comparability, ISSB told

Proposals to allow entities to omit finance-related emissions from their reporting could reduce the comparability of sustainability data, European standard setters told the International Sustainability Standards Board (ISSB).

Schroders first group nature report highlights exposure to energy and materials

Schroders' first group nature report has found that it is "moderately exposed" to the energy and materials sector, which are believed to have the highest nature-related impacts and dependencies.

Lack of impact label under SFDR would endanger market, investors warn

The impact investing market faces "serious risks" to its growth if the EU fails to create an impact label under its review of the Sustainable Finance Disclosure Regulation (SFDR), an investor group has warned.

Tokio Marine's green underwriting specialist targets $1bn revenues

A green insurance specialist launched by Tokio Marine is targeting $1 billion in revenues within five years, as businesses decarbonise or transition to a greener economy.

Generali returns with 'unique and distinctive' sustainability cat bond

Italian insurer Generali has sponsored its second €200 million ($226 million) 'sustainability' catastrophe (cat) bond, replacing its ground-breaking 'green' insurance-linked security (ILS) a year after it expanded its framework.

People Moves, 30 May: Railpen, ImpactA Global, ING ... and more

Use Omnibus as opportunity to simplify SFDR, financial institutions tell EU

Allianz is among several financial groups to call for the EU to use its Omnibus process to 'streamline' the Sustainable Finance Disclosure Regulation (SFDR), including by removing some principal adverse impact (PAI) disclosures.

Green bond quality pricing 'inefficiency' remains opportunity, says M&G

Early European Green Bond (EuGB) deals show sustainable fixed income markets remain "inefficient" in assessing the quality of frameworks, according to M&G - presenting an opportunity for active investors.

GFI unveils first Revenues for Nature projects

The Green Finance Institute (GFI) has announced the first cohort of projects under its Revenues for Nature (R4N) initiative, which aims to unlock up to $200 million in private finance for global nature restoration and conservation.

Nuclear gets nod in major French green bond framework overhaul

France has overhauled its sovereign green bond framework for the first time since 2017, as the major issuer made significant updates to reflect market changes - including the inclusion of nuclear energy.