News

EU carbon price hits record high

Carbon allowance prices under the EU Emissions Trading System (ETS) increased by over 10% to a new record high last week, peaking at more than €99 ($99.70).

Australia to take 'enforcement action' against greenwashing

The Australian Securities and Investments Commission has announced it will begin taking "enforcement action" against greenwashing.

US government publishes 'natural capital accounting' plan

The US government has published its draft plan to integrate natural capital accounting into the broader national economic statistical system, in response rising pressure from the private sector to develop such data.

People moves 19 August: Credit Suisse, Standard Chartered, Abrdn & more...

Abrdn: EU Taxonomy social proposals could have 'drastic' impact

Proposals on 'minimum safeguards' for human rights issues from the advisory body for the EU Taxonomy of sustainable activities could have "drastic" effects in further narrowing the number of investments that can be deemed 'sustainable', an executive at Abrdn has said.

Fashion & food loss-makers hold sustainability promise, says fund manager

Loan round-up: OUE C-REIT, Tassal, Diversified Energy, REE ... and more

19 US states investigate 'woke' Morningstar

A probe led by a Republican attorney general is investigating Morningstar and Sustainalytics following reports of "alleged anti-Israel bias", he has said.

Singapore 'would do well to prepare for CBAM' proliferation, says MAS

Singapore should prepare for the potential impact that would result from the spread of carbon border taxes to other jurisdictions, according to the head of the city state's central bank and financial regulatory authority.

NBIM outlines 'human capital' expectations for firms

Norges Bank Investment Management (NBIM) has published expectations for the "human capital management policies" of firms it invests in amid concern that investors do not currently get a "clear picture" of their investment in people.