Archive

Investors tell Japan to remedy inconsistencies with ISSB standards

Some of the world's largest investors have advised Japan to address inconsistencies between its draft disclosure standards and those of the International Sustainability Standards Board (ISSB).

The Global South can't beat climate change without voluntary carbon markets

Voluntary carbon markets can mobilise private finance more effectively and at scale, and must be seen as part of any inclusive climate finance architecture, writes Marissa Lee

Tikehau bags €800m for second decarb strategy

JP Morgan calls on nature to be targeted as a climate adaptation measure

JP Morgan has called for greater investment into nature, identifying sovereign debt, debt-for-nature swaps or blue bonds as potential investment opportunities.

People Moves, 2 August: Nordea, UBS Asset Management, Impax, HSBC ... and more

Jamaica anticipates 'active' Caribbean sustainable bond market

The Jamaica Stock Exchange (JSE) expects an "active" sustainable bond market to develop in the Caribbean amid growing interest from investors and issuers, including the Jamaican government and corporates.

Green Finance Institute calls for reform of BNG

The UK's Green Finance Institute (GFI) has released a roadmap for Biodiversity Net Gain (BNG) implementation, calling for "reform in key areas".

ASIC fines Mercer in 'landmark' greenwashing case

The Australian Securities and Investments Commission (ASIC) has fined Mercer Superannuation AUD11.3 million ($7.7 million) for greenwashing, in a case the regulator said was the first of its kind and was a landmark for the financial services industry.

Double materiality assessment 'to benefit climate reporting in financial accounts'

A regulatory requirement that companies assess their impacts on society and the environment, as well as the financial impacts of these aspects on their business, is set to improve how companies account for climate-related risks, according to WTW.

Lending support in the transition

ING wants other banks to use its approach to judging companies' transition plans. Robert Spruijt explains why to Michael Hurley