News

'Immense potential' for Russian sustainable bonds after taxonomy launch

There is "immense potential" for the growth of Russian sustainable bonds following the launch of the national taxonomy for green activities...

Net zero targets for real assets present 'stark challenges'

EU banks slow to develop climate stress test capacity - ECB

No European bank is meeting its regulator's expectations on climate and environmental risk management, with "worrying" lack of progress in areas including stress testing, the European Central Bank (ECB) said, just months before it runs the biggest climate stress test to date.

IGCC: New Zealand should avoid 'box-ticking' climate standards

New Zealand's climate risk disclosures are "at risk of becoming a box-ticking exercise" without linking them to an actual objective...

BlackRock: Sustainable asset pricing 'far from bubble territory'

Asset manager BlackRock said pricing of sustainable assets is "far from bubble territory" with plenty of scope for further outperformance as reallocation to sustainable financial products by investors accelerates in coming years.

People Moves 19 November: ING, EIB, CIX and more

Moody's: 'Very large overlap' between double materiality and financial materiality

Moody's Investors Service expects that there could be a "very large overlap" between double materiality and the financial materiality...

French central bank: Greenwashing may be next 'nightmare'

'Greenwashing' could be the next "nightmare" for those looking to invest in green bonds, the Banque de France (BdF) has said.

US SEC amendment to deliver 'proxy access on steroids' for shareholders

The US Securities and Exchange Commission (SEC) has amended existing rules around shareholders putting forward 'dissident' board members...

No proof yet of EU carbon market abuse, ESMA says

There is not yet strong evidence to suggest the EU carbon market is being abused by speculators, a report by the European Securities and Markets Authority (ESMA) says.