News

ISSB to continue push for closer alignment of ESRS amid omnibus, says vice-chair

The International Sustainability Standards Board (ISSB) will intensify its push to ensure changes to the EU's more demanding corporate sustainability reporting rules are brought closer to its own, the ISSB's vice-chair has said.

BeZero launches nature-based carbon dataset

Bloomberg expands data on climate transition revenues and capex

Bloomberg has extended its data coverage to include climate transition 'exposure revenues' and transition 'capex data', such as estimates of company investments in low-carbon technologies.

UK impact investing 'being held back by lack of common language'

The absence of a common language to define impact investing has hindered its progress, an endowment fund told Environmental Finance.

NZAM commitment 'close to meaningless' after dropping 2050 goal

The Net Zero Asset Managers Initiative (NZAM) has dropped requirements for signatories to eliminate portfolio emissions by 2050 to a more broad-based commitment that has been described as rendering it "close to meaningless".

Sustainable debt round-up: IDA, OETC, ASN Bank ... and more

Bank supervisors need to tread carefully in applying ESG risk guidelines, EBA told

The introduction of ESG risks in guidelines for EU banking supervision have been welcomed as a positive development for sustainable finance - but supervisors will need to err on the side of caution when interpreting results, according to Finance Watch.

Mirova 'cautiously optimistic' about nat cap strategy fundraising

Mirova is "cautiously optimistic" that it will near the target size of its natural capital blended finance vehicle by year-end, amid "a real interest" from institutional investors.

MAS launches $15m carbon grant for financial institutions

The Monetary Authority of Singapore (MAS) has launched a grant to help financial institutions become more involved in the carbon markets.

Upright launches AI-powered impact assessment tool

An impact data specialist has launched what it believes to be the world's first real-time tool to help companies carry out double materiality assessments (DMA) under the EU's Corporate Sustainability Reporting Directive (CSRD).