News

Japan sets timeline for disclosure standards based on ISSB work

Japanese sustainability disclosure standards based on international efforts will be ready in draft form by April 2024, with final standards published up to a year later, according to the body tasked with developing the work.

Impact Investing Institute appoints CEO

The UK's Impact Investing Institute has appointed Kieron Boyle as its new chief executive officer, following Sarah Gordon's departure earlier this year.

Nature financing may be 'too little, too late'

Private financing of nature-based solutions needs to ramp up to restore nature's capacity to absorb climate-related shocks - or risk leaving capital that has already been committed being "too little, too late", academics have said.

Low-carbon benchmarks risk pulling assets from EMs, warns Prudential

Some climate indexes risk unintentionally "pulling funding away from countries that need it the most" to transform their still-developing economies, a major Asian insurer has warned.

Say-on-climate 'needs more evidence', says Fidelity

Fidelity International committed to continue voting in 'say on climate' votes, but it admitted more evidence is needed that they are leading to "real world emissions reductions".

Bond round-up: Intesa Sanpaolo, spotlight on financial institutions, Ontario ... and more

ISSB standards require more detail to support assurance, say accountants

International sustainability reporting standards could make providing external assurance of reporting more challenging, according to the results of a survey.

M&G Catalyst invests in Aon intellectual property strategy

M&G Investments has invested $300 million in a strategy to back "innovative, intellectual property-backed businesses", via its Catalyst fund.

UK's competition regulator 'very unlikely' to punish climate collaboration

The UK's competition regulator has said it is "very unlikely" to punish businesses working together to tackle sustainability issues including climate change.

First Sentier to launch nature-related risk toolkit

First Sentier Investors has said it will launch a toolkit to help other financial institutions navigate nature-related risks.