ESG

CSRD will see 'explosion' of quality ESG data, says AllianzGI

The first round of reports in line with the EU's Corporate Sustainability Reporting Directive (CSRD) will see an "explosion" of quality sustainability-related data that will help asset managers prove to clients the value of sustainable investing, according to AllianzGI.

Sustainable bond market hits $5trn of issuance

Cumulative issuance of sustainable bonds has now crossed the $5 trillion mark, boosted by strong support from sovereign issuers.

Working group to develop ESG ratings, data products code of conduct for Hong Kong

Nordea launches two sustainable bond funds

Nordea Asset Management (Nordea AM) has launched two dedicated euro-denominated sustainable bond funds, a month after it closed its social bond fund.

SDR-aligned ESG data tool next on the agenda for MainStreet

An ESG data platform aligned with the UK Sustainability Disclosure Requirements (SDR) is likely to be the next tool to come from Allfunds' partnership with MainStreet Partners, Environmental Finance understands.

New York State pension fund looks to ramp up climate investments

The New York State Common Retirement Fund has revealed to an Environmental Finance conference that it intends to scale-up its sustainable investments from an existing $22 billion to $40 billion.

Corporates hope to stop reporting 'legacy' ESG data points

Corporates are hoping to "weed" out some of the ESG data points they report, an Environmental Finance conference heard, with one saying they currently report more than 2,000.

'The fog of ESG data is lifting', says Natixis

The fog of ESG data is lifting, Natixis has said, but warned about the "rabbit hole" of specialised data.

BNP Paribas to halt participation in oil and gas conventional bond issuance

French bank BNP Paribas has signalled that it will refrain from participating in conventional bond issues for companies in the oil and gas sector at its annual general meeting.

Market still seeking the language of nature investments, say Nuveen

Further work needs to be done to better articulate why investors should invest in nature, an Environmental Finance conference has heard, with financial institutions calling for more consistent language and data.

Trump victory would be 'disastrous' for sustainability

Investors would need to step up in advocating for sustainability in the advent of a Trump victory in the US presidential elections, an Environmental Finance conference heard.

Octopus launches natural capital strategy

Octopus Investments has launched a natural capital strategy focused on offsetting carbon emissions via UK land-based assets.

California climate disclosure rule boosted by funding proposal

Court blocks legal challenge of SEC ESG proxy vote rule