Archive

People Moves, 21 March: EQT, Transition Finance Council, Danske Bank, EIFO ... and more

Investors sound alarm that EU's Omnibus threatens 'significant weakening' of ESG data

The European Commission's plans to overhaul sustainability reporting risk hollowing out the EU sustainable finance framework and jeopardising its Green Deal, it has been warned by investors with a combined €6.6 trillion ($6.8 trillion) in assets.

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.

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.

People Moves, 6 December: IIGCC, Mirova, CISL, Gresham ... and more

COP29: IIGCC welcomes UK's updated NDC

The UK has announced it will target a reduction in greenhouse gas emissions of at least 81% by 2035, compared to 1990 levels, in a move an investor group said showed the UK could lead the world in attracting private climate finance.

IIGCC CEO calls for 'ambitious' NCQG ahead of COP29

A more "ambitious" New Collective Quantified Goal (NCQG) on climate finance could help avoid a delay to global climate action and give clear recognition of the private sector's role, the Institutional Investors Group on Climate Change (IIGCC) said.

People Moves, 1 November: Morgan Stanley, IIGCC, CIP, Flag

Investors told to help countries build next round of national climate targets

Institutional investors have been urged to actively help countries draw up the next round of their national climate plans, to ensure these plans direct investment where it is most needed and ensure more effective use of blended finance.

$29trn of investors call on governments to raise their game on tackling climate change

The Investor Agenda's 2024 Global Investor Statement to Governments on the Climate Crisis has seen hundreds of investors call on governments to address climate change with policy implementation at every level.