Archive

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.

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

Climate finance statesman Carney 'considering' run for Canadian leadership

UN special envoy for climate action and finance Mark Carney is considering a bid for leadership of Canada's ruling Liberal Party, it has been reported.

Bloomberg acquires carbon data firm Viridios AI

Bloomberg has acquired Viridios AI, a provider of data and research on the voluntary carbon market, for an undisclosed sum.

'Now is not the time to take the easy path' on disclosure, Mary Schapiro tells EU

The EU has been advised not to take "the easy path" as it considers cutting the sustainability reporting requirements, by one of the architects of the Task Force on Climate-related Financial Disclosures (TCFD).

COP16: Philanthropies pledge $51m to ocean protections

COP16 breakthroughs on financing 'unlikely', warns BloombergNEF

COP16 is unlikely to "deliver breakthroughs" on financing the Global Biodiversity Framework, BloombergNEF has warned, over concerns about mobilisation and accounting.

Biodiversity funding gap increases to $942bn

The biodiversity funding gap has widened to $942 billion, with private finance activity also taking a downturn, according to new research by BloombergNEF.

Bloomberg launches nature risk tool

Bloomberg has launched a tool for investors to assess the nature impacts and dependencies of around 45,000 companies.

Bloomberg launches transition plan credibility assessments

Bloomberg has launched a product it says can help investors judge the credibility of companies' transition plans and targets.