Brazil to require climate risk scenarios in stress tests from 2022

Debt,ESG,ESG Data,Investment,Policy

2021 AGM voting season in US marks climate pressure 'escalation and expansion'

The 2021 proxy voting season in the US experienced an "escalation of shareholder engagement on climate-related…

ESG,Equity,Investment,Policy

UK regulator urged to go beyond TCFD, and require social impact reporting

Listed companies, asset managers, life insurers and pension providers in the UK should be required to…

IMPACT,Policy

Bank of Finland targets ground-breaking net-zero investment portfolio by 2050

The Bank of Finland has announced it is targeting carbon neutrality within its €8 billion ($9.4 billion)…

Debt,Equity,Investment,Policy

Investors worth $46trn call for stronger policies ahead of COP26

587 investors with $46 trillion in assets under management are urging governments to implement five policy…

Policy

Asset owners commit to net zero

The owners of trillions of assets have made net-zero commitments - but what do they actually mean, asks Thomas Cox

Policy

UK regulator urged to bring forward asset manager TCFD disclosure obligations

Large asset managers and life insurers in the UK should be required to make climate-related disclosures…

ESG Data,Policy

Physical climate risk could threaten 10% of major US bank lending

Physical climate risk could threaten more than 10% of the trillion-dollar loan portfolios held by the…

Carbon,Debt,ESG Data,Investment,Policy

Draft CSRD climate reporting standard requires forward-looking data

ESG Data,Policy

European asset managers association backs 'brown taxonomy'

The €27 trillion ($32 trillion) European Fund and Asset Management Association (EFAMA) has thrown its…

Policy

Debut EU green bond expected in October

The EU will issue its debut green bond in October as it prepares to kick-start its massive five-year…

Green Bonds,Investment,Policy

Can COP26 keep 1.5°C in sight?

All eyes will be on Glasgow in November to see whether hopes of limiting warming to 1.5°C can be kept alive. Peter Cripps reports

Policy

One third of investors fail updated UK stewardship standards

One third of investor applicants (64 out of 189) have failed to meet the stewardship standards of the…

Policy

EU Green Bond Standard will struggle to become global 'gold standard', says Fitch

The EU Green Bond Standard (GBS) could struggle to become the global 'gold standard' without clearer…

Green Bonds,Policy

Australia climate stress tests its five largest banks

The Australian Prudential Regulation Authority (APRA) has published details of an assessment of the country's…

Policy

US seeks to plug insurers' data scarcity on climate risk

A US government initiative has been launched to better assess insurers' climate-related financial risks…

Insurance,Policy

London calling IFRS: Forget Canada, base ISSB in UK!

A group of UK finance organisations has urged the IFRS Foundation to locate its new International Sustainability…

ESG,ESG Data,Policy

Moody's: Japan's FSA ESG disclosures may have limited immediate usefulness

Forthcoming mandatory ESG disclosure requirements from Japan's Financial Services Agency (FSA) may have…

ESG Data,Policy

EU social taxonomy: 'Time for investors to treat social & environmental factors equally'

Investors and non-profits have cautiously welcomed proposals for a European taxonomy of social economic…

IMPACT,Policy

CalSTRS commits to net zero by 2050

The California State Teachers' Retirement System (CalSTRS) will target net-zero emissions across its…

Policy