News

Cisco warns against bonfire of regulation as EU finalises its Omnibus redraft

The prospect of "three or four years" of re-negotiating sustainability regulations is a major "worry" for tech giant Cisco, its head of EU policy said as she warned against a "bonfire of regulations".

People Moves, 31 January: Handelsbanken, SDCL, AIGCC, Suma Capital, BDO ... and more

Clarity coming on measuring 'nature positive', says NPI

The Nature Positive Initiative (NPI) is to begin looking at how to measure 'nature positive outcomes', as its work to streamline nature metrics enters its final phase.

Eiopa proposes adjusting Solvency II standard formula calibrations for natcat risks

The European Insurance and Occupational Pensions Authority (Eiopa) has recommended new risk factors for natural catastrophes (natcats) in the Solvency II standard formula capital calibrations.

Ecuador signs $30m REDD+ deal with LEAF

The LEAF Coalition has agreed to provide Ecuador with $30 million of funding for forestry projects to support government-led largescale forest programmes to tackle deforestation and climate change.

Ontario plans first green bond of 2025

Moody's: Sustainable bond issuance in 2025 to 'hold steady' at $1trn

Sustainable bond issuance volumes are forecast to remain flat at around $1 trillion in 2025 amid continued growth from green bonds and an emerging market "bounce back," according to Moody's Ratings.

Foresight: Asset manager consolidation to continue as passives thrive

Consolidation in the sustainable asset management industry will likely continue as flows to passive investment strategies impact active managers, according to Foresight Capital Management's Nick Scullion.

UK government mulling how ISSB reporting will square with its growth objectives

The UK government is preparing to consult on which aspects of the International Sustainability Standards Board (ISSB) standards it should adopt and is weighing how to ensure new reporting requirements do not impinge on its 'growth' agenda.

Japan plans updates to transition finance guidelines

Japan is focused on updating its ground-breaking transition finance guidelines in 2025, as it reacts to changes to the international guidance and experience of its landmark sovereign transition bond programme, according to a senior official.