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Decline in energy sector's EU taxonomy alignment bucks positive trend in other sectors

Energy companies reported a decline in their alignment with the EU taxonomy last year, bucking a trend of increased alignment in most other sectors which data provider Bloomberg said bolstered the use case for the taxonomy.

UK told to clarify ESG ratings regulation's international impacts

Schroders 'first' to comply with all four SDR labels

Schroders said it is the 'first' to adopt all four labels under the UK Financial Conduct Authority's Sustainability Disclosure Requirements (SDR) regime, after another three funds adopted labels.

Leaked paper says EU omnibus will protect investors' data needs

'Simplification' of sustainability reporting requirements will be done in a way that 'ensure[s] tight alignment of the data required with the needs of investors', according to a leaked draft policy paper by the European Commission.

NZAOA consults asset managers on carbon removal funds

France calls for 'massive regulatory pause' of CSDDD, CSRD

The EU should 'indefinite[ly] postpone' sustainability due diligence rules and delay implementation of its Corporate Sustainability Reporting Directive (CSRD) by two years, the French government has said.

Account for 'stranded asset' risks alongside transition plan rules, EU advised

The EU should create a framework to account for the depreciation of highly polluting assets "at risk of becoming stranded" to help financial institutions assess the credibility of transition plans, it has been told by advisers.

'First-of-its kind' sustainable infrastructure label launched

ABN Amro: EU GBS 'costs to outweigh benefits' - for now

Uptake of the EU green bond (EuGB) label under the EU Green Bond Standard (EU GBS) is likely to be "very limited" as the "additional costs will outweigh the benefits," according to Dutch lender ABN Amro.

FDIC leaves NGFS days after Trump inauguration