Archive

No Scope 3 'loophole' in our rule - but qualitative info may be required, says SEC

Companies will not be required to give quantitative disclosures of greenhouse gas (GHG) emissions outside their direct control under the Securities and Exchange Commission (SEC)'s climate rule - but they may have to provide qualitative disclosures, it has said.

SSBJ issues draft sustainability disclosure standards

The Sustainability Standards Board of Japan (SSBJ) has issued three exposure draft disclosure standards it said are aligned with the International Sustainability Standards Board (ISSB) IFRS standards.

Transition Plan Taskforce unveils financial institution sectoral guides as regulation looms

Sector-specific guides on climate transition plan disclosure by asset owners, asset managers, banks and corporates in high-emitting sectors have been published by a group whose work is being closely watched by regulators preparing to govern the practice.

European ESG fund market to reach €9.4trn by 2027, says PwC

Assets in environmental, social and governance (ESG)-focused funds in the EU are forecast to reach €9.4 trillion ($10.2 trillion) by 2027, after PwC Luxembourg reported a jump to more than €6 trillion in 2023.

Sarasin urges precautionary approach for Basel climate disclosure requirements

Sarasin & Partners has urged the Basel Committee on Banking Supervision to require disclosure of the results of climate stress tests and of how climate-related risks translate into risks to capital adequacy.

Exclusive: Franklin Templeton launches global green bond fund

Franklin Templeton has launched its first global dedicated green bond mutual fund, five years after it launched its debut Euro-focused green bond exchange-traded fund (ETF).

Why TPI?

Solange Le Jeune explains why FTSE Russell uses Transition Pathway Initiative data to build forward-looking indices

More action needed on companies' plastic data, says CDP

Major gaps in corporate plastic data highlight the need for mandatory plastic-related disclosure rules, according to CDP, the not-for-profit group that runs the global environmental disclosure system.

'All investors should push companies to issue SLBs,' says Barclays

All equity and fixed income investors should be encouraging companies to issue sustainability-linked bonds (SLBs) at scale, according to Barclays, in a show of support for the declining instrument.

Fidelity raises €200m from first close of real estate climate impact fund