News

SEC ESG disclosures should not be filed publicly to avoid litigation risk, says Commissioner

The US Securities and Exchange Commission (SEC) should only require public companies to provide mandatory environmental, social and governance (ESG) disclosures to the regulator privately rather than file them publicly, according to a SEC commissioner.

Final ExxonMobil shareholder vote count accentuates climate revolt woes

ExxonMobil acknowledged that another of the climate activist proposed board nominees it had opposed was elected by shareholders...

Citi impact fund invests in fintech, healthcare companies

US bank Citi has invested an undisclosed amount, via its $200 million impact fund, in five companies active in the areas of financial technology, remote healthcare, energy efficiency and construction.

US Impact Investing Alliance calls for riskier community-based investments

Impact investors should be prepared to "take increasingly riskier positions" to send a positive signal to the rest of the market and highlight the opportunity for positive impact in underserved US communities.

TNFD launches with aim to give 'complete picture of nature-related financial risks'

Central bank collateral, asset purchase policies should be tied to climate reporting requirement, says Bundesbank

Eurozone central banks should require issuers to meet certain climate-related reporting obligations before securities are accepted as collateral or purchased, according to the German central bank head.

'Act now to avoid a green bubble' says BIS' Carstens

Policymakers must urgently develop verification processes that confirm that promised environmental benefits are actually achieved, the general manager of the 'bank for central banks' has warned.

Green and sustainability-linked loan round-up: Faurecia, Kingfisher, Waterland, Aeroflot ... and more

News round-up: MSCI, Rights and Resources Initiative

2DII launches PACTA advisory group

2° Investing Initiative (2DII) has appointed an expert group to advise on new governance for the Paris-based thinktank's climate scenario analysis and alignment methodology.