News

• Don't rely on COP to build sustainable agriculture market, says Allianz GI

  25 July 2023

  The COP28 presidency today launched a food system and agriculture work programme - but one investor said the private sector, rather than policymakers, would be the real drivers of change.

• RBC BlueBay: Investors need green bond 'policing' standard

  25 July 2023

  Investors need to develop an industry-wide standard to provide clear rules to "police" green bonds which stray from market expectations following issuance, according to RBC BlueBay Asset Management.

• IOSCO endorsement 'could see 130,000 companies report under ISSB'

  25 July 2023

  Formal endorsement of international sustainability reporting standards by a global regulatory body has been hailed as a "a very important day for financial markets around the world",...

  

• Australian regulator hits Vanguard with greenwashing litigation - again

  25 July 2023

  The Australian regulator has launched legal proceedings against Vanguard Investments Australia for misleading investors over its "ethically conscious" fund.

• 'More crosses than checks' for insurers in analysis of regulatory disclosures

  25 July 2023

  US insurers fall short in measuring climate risks and setting targets to mitigate these, with "more crosses than check marks" given to insurers in an analysis of disclosures to US regulators.

• French parliament adopts 'say on climate' rule for listed companies

  24 July 2023

  The lower house of the French Parliament has adopted a rule that would require large listed French companies to give investors a 'say on climate' transition plans and their implementation.

• Indian regulator sets minimum threshold for mutual fund ESG investments

  24 July 2023

  Mutual funds in India that market their products as 'ESG' funds will be required to invest at least 80% of their assets in designated sustainability-related activities, under a new framework unveiled by the country's regulator.

• ING looking to integrate biodiversity KPIs further into lending

  24 July 2023

  ING is working to further integrate biodiversity into its operations, including by setting up a working group to assess how it could be implemented within its lending, the Dutch bank has revealed.

• Fitch: ISSB is 'catalyst for every Chinese firm' on sustainability reporting

  24 July 2023

  The development of the International Sustainability Standards Board (ISSB) disclosure guidelines are a "very important signal" to Chinese firms to improve sustainability reporting if they want to secure greater access to international capital, according to Sustainable Fitch.

• Tailor reporting to fit investor dependency on ESG data, companies told

  21 July 2023

  Companies have been told to ensure their sustainability reporting is streamlined to help "time-poor" investors reliant on third-party ESG data providers.