News

Amundi threatens to divest State Bank of India's green bonds over coal project

KPMG, CISL launch impact measurement tool

KPMG and the University of Cambridge Institute for Sustainability Leadership (CISL) have jointly developed a tool to help asset managers measure and report the environmental and social impacts of their listed equity investments.

Carney: AGMs could give investors 'say on transition plans'

Mark Carney has suggested investors could be given an automatic advisory vote on companies' net-zero transition plans, similar to 'say on pay' shareholder rights to vote on executive remuneration.

NBIM opposes PRI 'change of direction' on outcomes reporting

Norges Bank Investment Management (NBIM) has reaffirmed its opposition to proposals by the Principles for Responsible Investment (PRI) to ask signatories to report on "real-world outcomes" of their investments and the Sustainable Development Goals (SDGs).

SASB and IIRC merge to help simplify reporting

The Sustainability Accounting Standards Board (SASB) and the International Integrated Reporting Council (IIRC) are to come together to form a new organisation, the Value Reporting Foundation.

News Round Up: ACCA, Ban Ki-moon, SEB, and more

Green and sustainability-linked loan round-up: EQT, Arroyo Energy, Sistema ... and more

Spanish central bank says social impact analysis of climate plans 'essential'

Banco de España's deputy governor has said measuring the social impact of investments and regulation, such as plans to achieve the goals of the Paris Agreement, "is essential in order for there to be genuine transparency".

Bond round-up: Chile, NWB, LafargeHolcim, Schneider Electric, Vinci ... and more

EU Commission criticised over conflicts of interest on BlackRock contract

The European Commission did not properly consider conflicts of interest when it granted a contract to BlackRock to advise on the EU's new sustainable finance agenda for banks, according to an opinion by the European Ombudsman.