Archive

Insurers need more "non-standard" data on climate change, BoE warns

Insurers will need "a lot of non-standard information" about their supply chains and customers to assess how climate change could hit their businesses...

Low-support ESG shareholder resolutions jump as proposals rise

The proportion of US environmental and social shareholder resolutions which achieved only low-level investor support has surged in 2022.

EM sustainability-linked finance should focus on 'super tangible' targets

Sustainability-linked bonds and loans should focus on "super tangible" targets for borrowers in emerging markets and embrace the "creativity" the instrument...

LMA urges vigilance on 'a la carte' sustainability-linked loans

The Loan Market Association (LMA) said that the sustainability-linked loan (SLL) label should be "earnt, not handed over," as the trade association warned against the development of 'sustainability à la carte'.

UK 'green' taxonomy, disclosures delay expected amid political tumult

ECB tells banks to pressure clients on climate data

The European Central Bank (ECB) has told banks they need to pressurise their clients to disclose more emissions data, after its first climate stress test showed most lenders are not adequately managing climate risks.

Investors may greenwash using SFDR labels, 2DII finds

Financial think-tank 2 Degrees Investing Initiative (2DII) said it had found risks of greenwashing to be particularly high around the use of Sustainable Finance Disclosure Regulation (SFDR) marketing labels by investors, when they are combined with claims of contribution to positive environmental impact.

Data reliability still a 'significant challenge', says NGFS

"Significant challenges" remain on climate-related data and its reliability, according to the Network for Greening the Financial System (NGFS).

Vanguard commits just 4% of assets to net zero

PRI urges more 'robust' asset owner TCFD implementation

Asset owners need to take 'next steps' on TCFD - particularly on scenario analysis, the PRI tells Genevieve Redgrave