Archive

NGFS publishes guidance amid rise in climate-related litigation cases

Network for Greening the Financial System (NGFS) has warned more climate-related litigation cases are on the horizon.

Delay UK financial institution taxonomy reporting, expert group urges

The UK should allow financial institutions to delay reporting their alignment with a proposed 'green taxonomy' to enable them to benefit from access to corporate disclosures, an expert group has urged the country's government.

SFDR downgrades have not harmed investment flows, EU regulator says

A wave of downgrades of funds under the EU's Sustainable Finance Disclosure Regulation (SFDR) has not harmed inflows into these funds, according to the bloc's securities regulator.

ISSB urged to address biodiversity and social issues

The International Sustainability Standards Board (ISSB) has been urged to set standards on biodiversity and human capital, as part of its next phase of work.

Investors warn ISS of troubling inconsistencies in climate voting advice

A working group of the Institutional Investors Group on Climate Change (IIGCC) has urged proxy advisor ISS to integrate climate into its voting recommendations for investors on a "more robust and consistent basis" amid "troubling inconsistencies".

People moves, 1 September: Goldman Sachs, Cubico, Pentagreen Capital

On the origin of green bonds

The principles that underpin the 'use of proceeds bond market' - and the focus on the positive use of money - can be traced back to the eighteenth century, argues Chris Wigley

PRI pilot sovereign engagement initiative welcomes 18 new members

The UN-supported Principles for Responsible Investment (PRI) has announced 18 new members to its Collaborative Sovereign Engagement on Climate Change, launched in September last year as a pilot programme to engage with the Australian government.

Inability to compare impact results is biggest concern for impact investing - GIIN

The most significant challenge affecting the impact investing industry is the inability to compare impact results, investors have warned.

EU regulator calls for increased scrutiny of biodiversity funds

The EU's securities regulator has recommended increased scrutiny of biodiversity funds as it noted a "surge" in inflows to funds domiciled in the EU.