Archive

EU Platform snubs SLBs in its climate investment stocktake

Sustainability-linked bonds (SLBs) are set to be omitted from a stocktake of sustainable capital flows in the EU, highlighting doubts about the materiality and ambition of the targets used by the instruments.

Aggregate ESG ratings should be abolished

Aggregated environmental, social and governance (ESG) ratings should be abolished, according to a survey, as results show that market participants "do not speak the same language" on what ratings are or should be.

2Dii: Should ESG ratings be abolished?

Climate finance think tank 2° Investing Initiative (2Dii) has launched a short survey around environmental, social and governance (ESG) ratings...

2DII launches PACTA advisory group

2° Investing Initiative (2DII) has appointed an expert group to advise on new governance for the Paris-based thinktank's climate scenario analysis and alignment methodology.

2DII consults on system 'to design sound climate impact strategies'

2° Investing Initiative has launched a consultation on an 'impact management system' it claims can help financial institutions design "scientifically sound climate impact strategies".

CA100+ benchmark shows net zero ambitions still have long way to go

Pressure on financial institutions to back up climate pledges growing - 2DII

There is a "pressing need" for financial institutions to provide detailed evidence of the impact of their pledges to help curb climate change - especially as regulators increase their scrutiny of the area, according to thinktank 2° Investing Initiative.

News round-up: Federal Reserve joins NGFS, BNP's energy transition fund, Poseidon Principles ... and more

News round-up: US exits Paris Agreement, Willis Towers Watson, PACTA and Generali

Science Based Targets initiative launches financial sector framework

Science Based Targets initiative (SBTi) has launched its "breakthrough" pilot framework for financial institutions to set science-based climate targets, but campaigners were "disappointed" and "disturbed" by what they perceive to be shortcomings.