Archive

People Moves 17 January: Bank of England, UBS, Goldman Sachs, Man Group, SocGen, Chronos, B20, LBO France, Insight Investment, Perspectives, Lightsource BP

UAE eyes its own sustainability taxonomy

The regulatory authorities of the United Arab Emirates (UAE) have published national Guiding Principles on Sustainable Finance, which include basic information on a proposed sustainability taxonomy for the country.

Banque de France reveals further details of 2020 stress test

The French central bank will in March publish the scenarios it will use to conduct climate stress tests of the country's banks and insurers, it has been revealed.

HSBC plans its first ESG-focused ETFs

HSBC Global Asset Management (HSBC GAM) has announced plans to launch eight environmental, social and governance (ESG)-focused passive funds in the first six months of 2020.

EU's fund EcoLabel 'should look beyond green bonds'

The proposed EU EcoLabel for bond funds will limit itself to "green pockets" of the market if it focuses solely on 'green bonds', Triodos Investment Management has warned.

Microsoft announces 2030 carbon negative plan

Software giant Microsoft has announced targets to become carbon negative by 2030 and to "remove" all carbon the company has emitted since its founding by 2050.

Framework for SDG disclosures unveiled by accounting bodies

Broad recommendations for disclosures based on the UN Sustainable Development Goals (SDGs) have been billed as "a new approach to address sustainable development issues".

Moody's identifies rising sea levels as threat to sovereign credit

Sea level rises are posing a long-term credit threat to a number of sovereigns, with Asia, Middle East and North Africa (MENA) and small island nations the most exposed.

S&P scores Renewi an ESG sector leader

S&P Global Ratings has evaluated the environmental, social and governance (ESG) profile of waste management firm Renewi as being "strong and above-peer average," helped by its strong focus on recycling.

Technology holds key to impact reporting, UK Impact Investing Institute says

The UK Impact Investing Institute has invited technology companies and data providers to drive the convergence of approaches to measuring and reporting impact, in its first report since it launched.