News

ISSB discussing alignment issues with Australia, Faber says as he warns of extra cost

"There will be a cost" for companies and investors in jurisdictions that claim alignment with, but diverge substantially from, International Sustainability Standards Board (ISSB) standards, the chair of the board warned.

EIB: We must be 'pragmatic, not dogmatic' on transition finance

A senior official at the European Investment Bank (EIB) said that sustainable finance cannot be "dogmatic" when it comes to choosing where to finance investments with the greatest impact for the transition.

Conservation International backs nature credit market 'with guardrails'

US-based environmental non-profit Conservation International has published a proposed strategy and guardrails for equitable and well-governed nature credit markets as a means of addressing biodiversity loss, climate change and inequities.

EU green and sustainable discussion enters 'more complex' cost debate

A senior European Commission official said the debate on the EU Green Deal and sustainable finance is entering a "more complex" phase over its next five-year mandate as attention turns to cost and making the existing framework more market-friendly.

GRI and IFRS to collaborate on 'full interoperability' of standards

The IFRS Foundation and Global Reporting Initiative (GRI) have extended their working relationship to collaborate on full interoperability of each other's standards for "seamless" sustainability reporting.

People Moves, 24 May: LeapFrog, Osmosis, Regnan and Downing

IRA response, national transition plan on investor wish list for next UK government

A UK response to the US Inflation Reduction Act (IRA) and a national transition plan head a list of actions an investor group has urged the next UK government to implement with urgency, as the country prepares for a general election.

ICMA working on 'green enabling' activities guidance to counter 'greenwashing reflex'

The International Capital Market Association (ICMA)-administered Principles is preparing to publish some guidance for 'green enabling' activities in advance of its annual general meeting (AGM) in June.

Loans round-up: Sonatel, Preem, USI ... and more

EU readies greenwashing reports as UK rules bite

Financial institutions in the UK rushing to meet a tight deadline to comply with new anti-greenwashing rules are also bracing for news of potential next steps to regulate activity in the EU, with reports from regulators due in coming days.