News

Canadian regulator unveils ISSB, TCFD reporting requirements

Canada's financial institutions are to be required to provide annual climate disclosures, conduct regular climate scenario analysis and study the impact of climate change on their capital reserves, under regulatory expectations published for consultation.

Video: Affirmative Investment Management's Katie House on social bonds

"The biggest impact that the European Commission's social taxonomy will have is that it can provide really helpful guidance, especially for our research to determine whether something should fall into our investable universe," according to Katie House...

Dolma Nepalese hydro firm receives IPO approval

A hydropower developer in Nepal, partly owned by a Dolma impact fund, has received approval from the regulator to list on the country's stock exchange.

Exxon shareholders support net-zero scenario report

Shareholders at US oil & gas supermajor ExxonMobil have voted in favour of a resolution to report on a net-zero by 2050 scenario.

DNA biodiversity data company raises $15m

UK biodiversity data company NatureMetrics has raised $15 million in funding from supporters including BNP Paribas.

Loan round-up: Okeanis Eco Tankers, Platform Housing, ESR ... and more

US SEC proposes rules for ESG disclosures, naming conventions

The US Securities and Exchange Commission (SEC) has proposed rules to govern the information fund managers and advisers must provide when they market their funds as having an environmental, social or governance (ESG) focus.

L'Oréal launches €25m fund for female-led start-ups

Steel firm Marcegaglia signs sustainability-linked securitisation

Marcegaglia has signed a €130 million ($139 million) sustainability-linked securitisation transaction with Crédit Agricole CIB (CA-CIB), which is believed to be the first such deal in the Italian steel industry.

IR Framework to be adopted by IFRS Foundation

The Integrated Reporting framework is to become part of the IFRS Foundation, as part of broader efforts to promote convergence of sustainability reporting standards.