News

Singapore to enhance disclosure requirements with ISSB standards

The Monetary Authority of Singapore (MAS) has announced plans to incorporate International Sustainability Standards Board (ISSB) frameworks into its sustainable reporting requirements.

Indian central bank calls on industry to set green finance targets

The Reserve Bank of India (RBI) has called on financial institutions to set voluntary green finance targets to help increase capital into sectors which could mitigate emerging climate risks.

BlackRock cuts ESG shareholder vote support in 2022

BlackRock supported less than a quarter of environmental and social shareholder proposals in 2022, down from nearly half in 2021.

NZAOA urges ISSB to explicitly recommend 'net zero' targets

The UN-convened Net-Zero Asset Owner Alliance (NZAOA) has urged the International Sustainability Standards Board (ISSB) to "expressly integrate" net-zero emissions...

Loan round-up: SPIE, Tauron, Iberdrola, Fugro, Atenor ... and more

Mrema: TNFD reporting could become mandatory at COP15

The reporting of biodiversity risks as defined by the Taskforce on Nature-related Financial Disclosures (TNFD) could become mandatory for financial institutions under the COP15 agreement...

Investors urged to pressure banks on slow climate progress

An assessment revealing that large banks are "a long way" from aligning with a 1.5°C warming scenario should be used by investors to push for more aggressive action to cut emissions, according to an influential investor group.

Circulate's ocean fund swells to $50m

Investment from the International Finance Corporation (IFC) and France's development finance institution Proparco has grown Circulate Capital's second Ocean Fund to $53 million.

Bond round-up: PepsiCo, IBRD, SSE, Vanke, Voltalia ... and more

Opimas: Biodiversity a 'major' ESG priority

Biodiversity loss has become a "major" priority within the pillars of environmental, social and governance (ESG), US management consultancy Opimas has said.