Archive

UK banks, insurers told by regulator to improve climate accounting processes

UK banks and insurers have been urged by their regulator to "establish clear plans and timeframes for developing climate accounting capabilities", as it reminded them of expectations to measure and manage climate risks.

Natural Capital Investment Americas 2023: TNFD and biodiversity COP 'signals' to Verra to certify biodiversity credits

Growing demand from project developers and the rise of a nature-related disclosure framework means there are now "enough signals" for Verra to address biodiversity by developing a crediting methodology, an Environmental Finance conference has heard.

Financial institution SFDR reports fail to explain adverse impacts, regulators say

Financial institutions need to improve how they explain why they do not consider the adverse impacts of their investment decisions, EU regulators have said.

Australian companies lagging in net-zero targets, says Climate Action 100+

Australian companies are "lagging in their climate ambition", according to assessments by Climate Action 100+ (CA100+).

Report reveals top insurers of US coal

Global insurers AIG, Liberty Mutual, Lloyd's of London, Swiss Re and Zurich are among the top insurers of US coal mining, according to findings from Insure Our Future and Public Citizen.

Green bond regulation, SFDR guidance among ESMA's 2024 priorities

The EU's securities markets regulator has said it will "seek to improve the overall consistency and efficiency of the regulatory framework" governing sustainable finance in its 'strategic priorities' for next year, as it awaits the result of a review of the Sustainable Finance Disclosure Regulation (SFDR).

Loan round-up: Watches of Switzerland, Hallett Group, StorHub... and more

SME GHG emissions reporting 'disjointed', says Bankers for Net-Zero

Innovative small businesses need a bigger role at COPs

The COP process needs to listen to the voices of innovative small businesses if net zero is to be delivered, Jan Lozek writes

ESG in Fixed Income Americas 2023: BlackRock: 'transition investments are green'

BlackRock considers credible transition projects to be 'green', rather than putting them into a transition category, an Environmental Finance conference heard.