News

Commission makes concession following criticism of ESRS materiality opt-out

Companies that say climate-related matters are not 'material' to them will be required to provide European regulators with a "detailed explanation" why, under revisions to the European Sustainability Reporting Standards.

Improving pricing dynamics 'could spur Chinese corporate green bond growth'

The market will have to "wait a little longer" before it sees increased green bond issuance from private corporate issuers in China, due to the adverse pricing dynamics present in the market, according to Sustainable Fitch.

UK government looking to attract 'nature recovery' investments

The UK government is seeking feedback from investors on how it could better attract investment in "nature recovery", and announced it may introduce measures against nature-related greenwashing.

Sustainability assurance standards publication date revealed

Standards for assuring sustainability-related information will be published on 2 August, for consultation until 1 December.

'Gold standard' UK transition plan framework expected in October

The UK Transition Plan Taskforce (TPT) said its ground-breaking net-zero transition plan disclosure framework will be published in October, with a consultation on sector-specific guidance to also be launched later this year.

Moody's: 2023 sustainable bond issuance could 'eclipse' $950bn forecast

Moody's Investors Service believes that sustainable bond issuance could "eclipse" its initial $950 billion forecast for 2023, after a strong start to the year.

Japanese bond investors told to maintain pressure on 'transition' issuers

Bond investors in Japan have been recommended to review at least annually the progress of companies in high-emitting sectors, in guidance that aims to help financial institution engagement published by a Japanese regulator.

S&P launches nature and biodiversity risk assessment

S&P Global Sustainable 1 has launched a nature and biodiversity risk portfolio assessment service.

People moves 28 July including OCBC, First Sentier and more

MSCI, Bloomberg among big-name signatories to Japan ESG data code of conduct

Major data providers MSCI and Bloomberg are among 17 signatories to a Japanese code of conduct for ESG data, the country's regulator has revealed.