News

IOSCO encourages regulators to clarify issuers' liability for transition plans

Standard setters and regulators have been "encourage[d]" to provide "markers on what would constitute forward-looking information" to show preparers of transition plans the extent of information they can provide without expecting to be sued.

Iceberg Data Lab launches deforestation tool

Iceberg Data Lab (IDL) has launched a tool assessing the deforestation risk of 3,500 listed companies.

Investors urge EU against delaying deforestation regulation

Institutional investors have urged the European Parliament to reject a request to delay the EU Deforestation Regulation, saying it would unfairly "disadvantage countries and companies that have moved promptly to prepare for the new requirements".

Buyers willing to pay 'much higher' prices for Article 6-aligned credits, says IETA

Buyers of carbon credits are willing to pay "much higher" prices for Article 6-aligned credits, a survey from the IETA has found, but uncertainty about the mechanism lingers.

COP29: MUFG backs Canada-led blended finance initiative

Canada has launched a $1.5 billion blended finance 'platform' that aims to provide climate finance to climate projects in "up to" 25 emerging markets and developing economies, with backing from MUFG.

Sustainable debt round-up: New Development Bank, Neinor Homes, Huhtamäki ... and more

COP29: Negotiators need to 'pick up when Cali calls', says Greenpeace

Negotiators at COP29 need to integrate recent progress made at the biodiversity-focused COP16, Greenpeace has said, warning against the focus on nature-based carbon credits.

Acciona: Scope 3 metrics should be 'action-oriented'

Spanish infrastructure conglomerate Acciona argues that Scope 3 emission metrics should be "revisited" to focus on securing actions rather than just satisfying reporting to make them more usable and impactful.

CaixaBank to launch innovative 'sustainable supply chain finance' product

Spanish lender CaixaBank is preparing to launch an innovative 'sustainable supply chain finance' (SSCF) product in the "near future" which is focused on the environmental, social and governance (ESG) performance of the suppliers not the buyers.

Climate disclosure 'stagnated' in anticipation of reporting rules, Australian regulator finds

Australian financial institutions' disclosure of climate-related risks has "stagnated" compared to previous years, a trend which the regulator suggests was due to organisations waiting for more clarity on greenwashing and disclosure rules.