News

Companies and institutional investors in Australia are "drowning" in a flood of new sustainability requirements, ex-Principles for Responsible Investment (PRI) head Fiona Reynolds has said.

CDC is planning to expand its biodiversity footprinting tool to enable simplified assessments of three sectors in more detail, as asset managers trial the methodology with private portfolio companies.

The Bank of England said it will "explore whether changes to the macroprudential framework might be appropriate" to help protect against climate risks,...

Encouraging climate-related disclosures on the assets underpinning structured finance products is a "priority", the European Supervisory Authorities (ESAs) and European Central Bank (ECB) said in a joint statement.

Credit research institute I-CV and ESG data business RepRisk have launched ESG Radar

Zurich has excluded five companies from its investment and underwriting activities as it no longer considered their "progress against transition plans to be credible".

A commissioner at the US Commodity Futures Trading Commission (CFTC) has recommended the creation of a team to tackle greenwashing in derivatives markets

Sustainalytics has launched Low Carbon Transition Ratings, which it said "provide investors with a forward-looking assessment of a company's current alignment to a net-zero pathway", as previously reported by Environmental Finance.

A UK nature impact fund co-managed by Finance Earth and Federated Hermes aims to be a key source of investment for peatland, woodland and biodiversity net gain (BNG) projects across the UK, according to an executive at Finance Earth

Brazil has confirmed that it is currently planning to issue a debut sustainability bond in 2023, rather than follow regional peers such as Chile and Uruguay with a sustainability-linked bond.