News

Basel Committee to publish final climate risk principles

The Basel Committee on Banking Supervision (BCBS) will publish its final set of climate-related financial risk principles for regulators in the "coming weeks" following its consultation.

ISSB set to go further than TCFD, vice-chair says

The International Sustainability Standards Board (ISSB) is looking to create more comprehensive standards on disclosures than those set by the Taskforce on Climate-related Financial Disclosures (TCFD), the ISSB's vice-chair has said.

Impax assets take hit in stormy start to 2022

Impax's remarkable run of assets growth has stalled as inflation and concerns about fallout from the Ukraine war hit listed equity markets and dented the asset manager's financial performance in recent months.

Vanguard net-zero pledge is least ambitious in latest NZAMI report

NGFS work moves 'from awareness to action' as network grows

The Central Banks and Supervisors Network for Greening the Financial System (NGFS) has launched its new two-year work programme,...

Video: Jonathan Maes (European Commission) at ESG in Fixed Income EMEA 2022

Jonathan Maes, a seconded national expert at the European Commission, was asked to comment on how sovereigns could divest from state-owned fossil fuel companies, rather than 'perpetually engage' with them.

Credit Suisse & Rockefeller push ocean fund companies for scope 3 data

High yield, loan borrowers urged to 'come prepared' on ESG data

Companies looking to raise funds through high yield bonds or loans have been urged to "come prepared" with key environmental, social and governance (ESG) data for investors to improve engagement opportunities.

Social issues set to gain prominence in credit ratings - Fitch

Social issues are only 'minimally' relevant to credit ratings but are set to become more important as society demands more on sustainability and fair treatment, according to credit ratings agency Fitch.

Investors warned of plastics industry's pollution 'ambivalence'

Investors in the European plastics industry have been warned of its 'ambivalence' towards the pollution problem, with the sector named as a 'high risk option'.