Archive

Carney: EU Taxonomy 'still too narrow'

Former Bank of England governor Mark Carney has reiterated that the EU Taxonomy for Sustainable Activities remains "quite proscriptive" despite recent revisions, while he is optimistic it will become richer through the addition of transition activities in the future.

EU Taxonomy to be reference in innovating bond market - ICMA

The International Capital Market Association (ICMA) believes the EU Taxonomy for Sustainable Activities will become a key reference as the green bond market moves beyond its current use of proceeds focus.

EU's TEG: Develop 'brown' taxonomy to support energy transition

The EU should devise a taxonomy of activities that cause significant harm to the environment, the Technical Expert Group on Sustainable Finance (TEG) has recommended.

Nordic green bond issuers include EU standard in new reporting guidance

A group of Nordic issuers has set out recommendations on how to report green bond impact in line with the proposed EU Green Bond Standard (GBS).

HSBC named largest green, social and sustainability bond manager

HSBC became the largest green, social and sustainability (GSS) bond market underwriter in 2019, in a year marked by rapidly accelerating diversification of the market.

Shipping - the trillion-dollar challenge

The growing support for the Poseidon Principles underlines the crucial role for finance in helping the shipping industry chart a course towards a greener future, says Ahren Lester

CDP announces 179 'A list' leading climate action companies

CDP has named over 170 firms as being global leaders for transparency and action on climate change for 2019.

EU Taxonomy hits roadblock

The European Union (EU) has laid out plans to become the first climate-neutral continent in the world by 2050, although its green Taxonomy plans were blocked by the UK and France.

EU agreement will make Taxonomy 'much more extensive in scope'

A provisional agreement by the EU on the structural outline of its Taxonomy of sustainable activities has significantly broadened its scope and answered critics who suggested it would be too 'niche', according to a member of the team tasked with helping devise it.

Consultation on TEG's draft Taxonomy receives 6,900 responses