News

• About 2,700 companies subject to California climate risk rule, Ceres estimates

  12 March 2025

  Almost 2,700 companies are set to be subject to California rules that require them to say how climate change poses risks to their global operations, in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), Ceres has estimated.

• UK's sustainability rules no barrier to investment in defence, FCA says

  11 March 2025

  The UK's Financial Conduct Authority (FCA) has said its sustainability rules do not prevent investment in, or finance of, defence companies - days after a group of politicians urged changes to remove "unnecessary barriers" linked to financial institutions' ESG policies.

• EU Platform identifies core elements of a transition plan

  11 March 2025

  Analysis of EU companies' transition plans "lays the foundation for minimum requirements" for credible plans, according to independent advisors to the European Commission.

• Nature investing survey launched

  11 March 2025

  Imperial College Business School has launched a survey to better understand how biodiversity risk is affecting the motivations and investment styles of investors.

• Glass Lewis to acquire Swedish data platform Esgaia

  11 March 2025

  Corporate governance and proxy voting specialist Glass Lewis will acquire Stockholm-based stewardship and engagement platform Esgaia for an undisclosed sum.

• EU warned against undermining taxonomy as advisers unveil transition monitoring tool

  11 March 2025

  The EU has been warned it could undermine its sustainability taxonomy if it follows through with plans to significantly reduce the scope of reporting requirements, in a report by independent expert advisers.

• Amundi: 'Exciting' plans as ground-breaking EM green bond fund winds down

  10 March 2025

  Amundi said it has "exciting projects" in the pipeline to meet ongoing institutional investor demand for sustainable bonds as its ground-breaking $1.5 billion emerging market (EM) green bond fund prepared to wind down.

• Standard Chartered raises €1bn from 'milestone' social bond debut

  10 March 2025

  UK-based lender Standard Chartered has issued a debut €1 billion ($1.1 billion) social bond focused on small- and medium-sized enterprise (SME) lending in Asia, Africa and the Middle East.

• UK should harness 'underestimated' £77bn impact market for policy priorities

  10 March 2025

  The UK government should utilise its impact investment market for addressing policy priorities, as its pool of capital remains 'underestimated', a report by the City of London Corporation has stated.

• Carney says carbon tax will be cut as he assumes top office in Canada

  10 March 2025

  Mark Carney has said he "will immediately eliminate the divisive consumer carbon tax on families, farmers, and small- and medium-sized businesses" as he won leadership of Canada's ruling Liberal Party.