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COP27: Significant gaps in sovereign ESG data, finds expert alliance

Significant data gaps in areas required to assess sovereign performance on sustainability have been highlighted that should be addressed with urgency, in a report by a group of major data providers.

COP27: Net-Zero Banking Alliance calls for banks to plug gaps in targets

The UN-convened Net-Zero Banking Alliance (NZBA) has called for accelerated action by its bank members after its first progress report revealed gaps in target-setting in key areas.

COP27: Impact reporting 'almost non-existent in the financial sector'

Just 20% of financial institutions publicly acknowledge their impact on people and planet, painting a "dismal picture" for social progress, according to the World Benchmarking Alliance (WBA).

NZIA launches methodology for insurers to hit net-zero goals

The Net-Zero Insurance Alliance (NZIA) has launched a public consultation on how its member firms will reach their goal of achieving net-zero greenhouse gas (GHG)...

GFANZ publishes net-zero transition plan guidance

The Mark Carney-backed Glasgow Financial Alliance for Net Zero (GFANZ) has published voluntary guidance on net-zero transition plans (NZTPs) for achieving net-zero by 2050 focused on Scope 3 emissions.

GFANZ drops requirement to align with UN Race to Zero campaign

The Glasgow Financial Alliance for Net Zero (GFANZ) has scrapped its requirement for members to align with a campaign requiring a fossil fuel phase-out.

Natural capital accounting report published

US banks 'have not indicated' intention to quit GFANZ, Carney says

Mark Carney has denied that several large US banks threatened to quit the climate finance group he co-chairs, adding that the CEOs of the banks "have not indicated to me any intention to do so".

Video: AllianceBernstein's Tiffanie Wong on the importance of ESG data

Tiffanie Wong, director of fixed income responsible investing portfolio management at AllianceBernstein, shares her view on sustainable finance in fixed income as well as ESG data and corporate disclosure

$5.7trn investor group launches health alliance