News

EU mulls scrapping Article 8, 9 distinction and creating sustainability 'categories'

The EU is considering radical changes to its controversial Sustainable Finance Disclosure Regulation (SFDR) that could see it ditch the Article 8 and 9 designations that are widely used by investors to signal the sustainability ambition of funds.

Regulation, TNFD to turn the tide in oceans investing, says Sustainable Fitch

Despite a limited number of investable opportunities currently, changing regulation and initiatives such as the Task Force on Nature-related Financial Disclosures (TNFD) could turn the tide for sustainable investments in the world's oceans, Sustainable Fitch has said.

Ginnie Mae launches 'social bond' label for investors

Ginnie Mae will launch a 'social bond label' for investors in its single-family mortgage backed security (MBS) programme from October, which it described as an "important step" for the US government-owned residential mortgage agency.

World Federation of Exchanges publishes guidance on green equities

The World Federation of Exchanges has issued guidance on how to apply the Green Equity Principles it issued in March, arguing that the asset class could "play an important role in helping to create a more sustainable world".

Loan round-up: Port of Melbourne, SMI, Citicore Solar ... and more

S&P finalises SPO integration with Shades of Green, adding another colour

S&P Global Ratings has finalised the integration of its recently acquired Shades of Green business into its second-party opinion (SPOs) methodology for sustainable finance instruments,...

Adaptation, not risk mitigation, needed for apparel production assets, says Schroders

Bond round-up: Enaex, Eni, JGC ... and more

CSRD will change the landscape of ESG data, say UNEP FI panellists

The value of regulation is also championed by the experts

US asset managers decline to back 'over-reaching' E&S resolutions

Support for environmental and social shareholder resolutions fell by 10 percentage points in the 2023 proxy season, with asset managers arguing the motions were often 'overly prescriptive' or 'redundant', Morningstar Manager Research has found.