Archive

SBTi consults on draft net zero standard for financial institutions

EU sustainability due diligence directive enters force

Carbon offsetting fund proposed by Arup

Sustainability consultancy Arup has called on the private sector to develop a carbon offsetting fund in the UK as an alternative to "concerning" offsetting practices.

Net Zero Asset Managers initiative observes rise of 'bespoke targets', as membership swells

The Net Zero Asset Managers (NZAM) initiative has noted a rise in signatories setting decarbonisation targets using their own 'bespoke' methodologies, as the group swelled to 325 signatories representing about $57.5 trillion in assets under management.

Majority of companies not yet ready to follow CSRD or TNFD, says data provider

Less than one-in-five companies are prepared to report under the EU's Corporate Sustainability Reporting Directive or the Taskforce on Nature-Related Financial Disclosures (TNFD), NatureMetrics has found.

'Next gen' EU GBS frameworks 'really need to go into the weeds,' says NatWest

The "next generation" of green bonds incorporating the EU Green Bond Standard (EU GBS) requirements will demand "significant effort" from issuers that could slow the progress in developing frameworks and then issuing bonds under the landmark standard, according to NatWest.

GB Energy-Crown Estate partnership to channel billions into UK clean energy

The UK government has announced a partnership between its newly launched state-owned energy company Great British Energy and the Crown Estate, which could unlock up to £60 billion ($77.2 billion) in private investment for clean energy.

Victory Hill fund acquires nine solar and wind European assets

High impact sectors 'on the way' to TNFD alignment, says First Sentier

Sectors with a high impact on nature are "well on their way" to aligning disclosures with the recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD), research by the First Sentier MUFG Sustainable Investment Institute has found.

Financial institutions' taxonomy alignment close to zero, PwC study finds