Archive

European groups exploring adoption of UK Transition Plan Taskforce framework

German and French investor groups have begun preliminary talks to understand how the UK Transition Plan Taskforce (TPT) framework can be used in the European countries, Environmental Finance has learned.

Jefferies flags food, tiremaker stocks for investor scrutiny as EU Deforestation Regulation looms

Investors have been advised to scrutinise several companies for engagement, including Hankook, Nexen, Golden-Agri Resources and Darling Ingredients, as stocks potentially negatively exposed to EU rules set to impose strict due diligence requirements from next year.

The impact of digital technology on the wind sector

Technological breakthroughs such as blockchain and developments in AI stand to redefine the energy sector significantly, writes Charlie Morgan

US exodus of CA100+ continues as politicians say it could violate antitrust laws

More US asset managers have departed Climate Action 100+ (CA100+), as Republican politicians wrote to more than 100 investors asking them how they would pressure companies to decarbonise and suggested that signatories could have breached US antitrust law.

ESG ratings, proxy advisors and EU regulation target of US politicians' criticism

US Republican Party politicians have called for stricter regulatory oversight of ESG ratings providers and proxy advisors, and for the "protection" of US companies from burdensome EU regulations, in a report criticising how investors consider ESG factors.

US banks 'concerned' Basel climate scenario work could affect capital adequacy ratios

An influential group of some of the US' biggest banks has said it is "concerned" that work by the Basel Committee could prematurely lead banking supervisors to change capital adequacy requirements based on the results of climate scenario analysis.

Santander provides 'largest' energy mobility sector green loan at €225m

Listing rules change will raise cost of capital for UK business, asset owners warn

Companies' slow progress on assurance shows size of regulatory challenge, KPMG says

The "limited uplift" in companies' readiness to meet regulatory requirements to gain independent assurance of sustainability disclosures demonstrates the scale of the challenge they face to upskill and implement the required processes, KPMG has said.

White Summit Capital buys Portuguese biomethane producer