News

ICMA: 'Clearly declining trend' to SLB 'greenwashing' controversies

The number of 'greenwashing' controversies related to sustainability-linked bond (SLB) issuances has fallen significantly since the start of 2023, according to research by the International Capital Market Association (ICMA).

Biodiversity credits face 'credibility challenges', warns Sustainable Fitch

Biodiversity credits are likely to face similar "credibility challenges" to carbon credits, Sustainable Fitch has warned.

ESG Book: Financial benefit of California climate disclosure bills outweigh costs

The landmark Californian corporate climate disclosure bills are as much about demonstrating "fiscal prudence and strategic investment" to investors as it is about climate action, according to ESG Book.

Reporting burdens hindering biodiversity SLBs, says Sustainable Fitch

Despite "considerable" growth in biodiversity-related green bonds, the market for related sustainability-linked bonds (SLBs) is being hindered by reporting burdens, Sustainable Fitch has said.

Carbon credits endorsed in 'gold standard' transition plans

Carbon market participants welcomed the potential inclusion of carbon credits as part of a guidance on 'gold standard' transition plans.

Redwheel launches first biodiversity fund

Sustainable investor Redwheel has launched its first biodiversity fund, targeting companies that mitigate biodiversity loss.

ESMA finds no evidence of a greenium anymore

Transition plan disclosure 'most significant' next step, says FCA

Transition plan disclosures are the "most significant next step" for sustainability disclosures, the UK's financial services regulator has said, as it prepares to consult on mandatory disclosures.

Permira 'looking at how to price carbon'

Transition plans urged to identify transition nature impacts

Organisations have been urged to identify how their efforts to transition will impact nature and society, and disclose these as part of their transition plans.