News

Amazon is 'most exposed company to Covid-19 controversies'

Technology supergiant Amazon has been involved with the most environmental, social and governance (ESG) controversies related to Covid-19 incidents, a report by ESG data provider Sustainalytics has showed.

PRI reports jump in climate-related reporting among signatories

The Principles for Responsible Investment (PRI) said that reporting against the recommendations of the Taskforce on Climate-related Financial Disclosures (TCFD) among its signatories has jumped after it was made mandatory, but more progress is still needed.

NAIC sets up taskforce on climate and resiliency

California and Washington praised for efforts in driving climate policy

UN's Principles for Responsible Banking tightens signatory scrutiny

Signatories of the UN Principles for Responsible Banking (PRB) have voted to establish a governance body to ensure effective implementation of the commitments, which could ultimately lead to laggards being thrown out.

People Moves 17 July; SEB; Rathbone Greenbank; Gresham House; LuxSE; SASB; Climate Bonds Initiative; RMPI Railpen; Pensions For Purpose; Best Practice Principles

'Impact rescue facility' targets $1bn for SMEs hard-hit by Covid-19

A 'liquidity lifeboat' debt vehicle has been launched to help small- and medium-sized enterprises (SMEs) in emerging markets respond to the effects of the coronavirus pandemic.

EU's TEG publishes five principles for sustainable recovery

The EU Technical expert group on sustainable finance (TEG) has proposed five high-level principles for sustainable recovery and resilience that should guide the bloc's stimulus packages in response to the coronavirus (Covid-19) crisis.

WFE highlights lack of consensus on ESG standards across exchanges

Stock exchanges have flagged the array of different environmental, social and governance (ESG) reporting standards as a hindrance to their sustainability efforts.

American insurers still lagging on ESG investing, Goldman finds

Nearly 40% say ESG not considered in investment process

Nature-positive development could add $10trn to economy, says WEF

Transitioning three major sectors of the economy onto 'nature-positive' paths could create $10 trillion of economic growth and 395 million jobs by 2030, according to the World Economic Forum (WEF).