Archive

Creation of EU sustainability labels will tackle SFDR greenwashing, prospective commissioner says

"Greenwashing" facilitated by misuse of the Sustainable Finance Disclosure Regulation (SFDR) could be tackled with the creation of sustainability labels, the prospective European Commissioner for financial services has suggested.

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".

Creation Investments leads $20m in Brazilian farmer lending platform

T Rowe Price, TPG Rise back $405m funding for US energy storage business

L'Oréal backs French sustainable ingredients startup

Sustainable Debt Americas 2024 returns to New York next week

Environmental Finance's Sustainable Debt conference returns to New York next week, Thursday 19 September. Environmental Finance subscribers receive a 30% discount to attend.

'Robust escalation strategies' needed on biodiversity, says ShareAction

Investors have been urged to tackle biodiversity risk in their portfolio in a ShareAction report, which calls for 'robust" escalation strategies, including divestment.

Risk of fragmentation of ESG ratings regulation remains despite IOSCO work, CDP warns

Differences in how countries have devised rules or voluntary codes of conduct for ESG ratings and data shows that there remains a risk of divergence between jurisdictions that raises costs for providers and users, CDP has warned.

People Moves, 30 August: Impax Asset Management, GIST Impact, Nefco, Reactivate

Australian Senate backs mandatory climate reporting

The Australian Senate has formally passed legislation requiring mandatory climate reporting for large businesses and asset managers, to be introduced from 1 January 2025.