Archive

Coal companies struggling to finance transition, says Fitch

Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.

'New era' for sustainability reporting as IFRS unveils standards

Standards that can provide a "common language" for sustainability-related disclosures have been published, "ushering in a new era" for companies and investors globally, according to the International Financial Reporting Standards (IFRS) Foundation.

Folksam backs first 'road safety' bond from World Bank

Swedish insurance firm Folksam has fully invested in a SEK1 billion ($93 million) Sustainable Development Bond from the World Bank, which is believed to be the first focused on road safety enhancing projects in developing countries.

CBI, UN resilience taxonomy blueprint published

ESG funds outperform, despite investor concern

EU strips biodiversity offsets from taxonomy

The EU Commission has cut biodiversity offsets from its latest update to the taxonomy, following pressure from advisory group the Platform on Sustainable Finance (PSF).

Sumitomo Mitsui to begin voting against boards on ESG issues

Sumitomo Mitsui Asset Management will for the first time vote against boards that have failed to take action on ESG issues, following six years of engagement with company management.

People moves 12 May: Persefoni, Downing, GFANZ ... and more

France's Article 29 inspired Clarity AI's biodiversity footprint tool

The biodiversity 'footprint' tool launched by technology platform Clarity AI was inspired by French regulation, an executive at the company has said.

'Ground-breaking' CBI resilience taxonomy blueprint launch next week

The Climate Bonds Initiative (CBI) will publish a blueprint for its "ground-breaking" climate resilience taxonomy next week, as it looks to catalyse interest and investment in adaptation and resilience projects.