Archive

Global Biodiversity Framework 'in jeopardy' after COP16 finance failure

The COP16 biodiversity summit has failed to reach agreement on crucial issues relating to finance, leaving delivery of the landmark Global Biodiversity Framework agreed two years ago "in jeopardy".

'Worrying trend' as investors continue to withdraw money from dark green funds

Morningstar forecasts more upheaval in sustainable funds space as closures continue

UK firms facing 'cliff-edge' risks of fund name rule breach given reprieve by regulator

Fund managers struggling to meet a looming deadline to comply with UK sustainability name rules have been given an extension by their regulator.

Vanguard did not support any environmental proposals last year

Vanguard did not support any of 400 environmental or social shareholder proposals it encountered in the most recent proxy season, arguing that the proposals were either not addressing financially material aspects or "were overly prescriptive".

Putting transition plans to the test: Morningstar Sustainalytics

Investors face a tough task scrutinising corporate transition plans - but an increasing number of tools promise to help. In the fourth article in a series, Michael Hurley examines Sustainalytics's Low Carbon Transition Ratings

Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

FRC cuts UK Stewardship Code reporting to 'reduce burden' on signatories

The Financial Reporting Council (FRC) has cut reporting requirements of the UK Stewardship Code, to "provide clarity on areas signatories outlined as challenging to address, reduce the volume of reporting and provide flexibility for signatories in defining how they undertake stewardship".

Environmental Finance launches 2024 ESG Data Guide

Environmental Finance has launched this year's ESG Data Guide, featuring some of the industry's leading ESG data providers and most innovative solutions.

Companies waiting for data before TNFD reporting

Companies are hoping to improve the quality of the data at their disposal before they commit to reporting in line with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), according to a report.