Archive

Conundrum Cubed: Scope 3 for Financials

Scope 3 disclosures are complex, and Category 15 (Investments) is an obscure segment intended to cover emissions that arise from one company having a stake in another (i.e., financial transactions)1. For most companies, this represents a proverbial footnote in their overall emissions profile.

Central banks face tough questions to balance climate work and inflation, NGFS says

Plans by central banks to escalate monetary policy measures to tackle climate-related financial risks may have to be revisited to consider their utility in the current raised interest rate environment, according to the Network for Greening the Financial System (NGFS).

People moves, 12 July: Carbon Trust, Energy Impact Partners and MainStreet ... and more

Regulator's survey of five French asset managers finds none fully compliant with SFDR

None of the five French asset managers surveyed by their regulator was fully compliant with the EU Sustainable Finance Disclosure Regulation (SFDR), owing largely to a lack of reliable data, it has been revealed.

New UK government urged to 'improve credibility' of green bond programme

The new UK government has been urged to provide greater use-of-proceeds clarity and outline a "comprehensive" medium-term green financing strategy to improve the credibility of future green bond issuances from the major sovereign issuer, according to a think tank.

Khan Bank to raise $130m from first social bond in Mongolia

Mongolian lender Khan Bank is preparing to raise up to $130 million from the first social bond from a Mongolian issuer.

SDR and the need for independent assessment

Some asset managers plan to use internal controls, such as the risk management function and sustainability committee, to perform the independent assessment required under the Sustainability Disclosure Requirements, writes Annie Omojola

Stewart Investors launches global emerging markets sustainability strategy

Stewart Investors has launched the Global Emerging Markets (ex-China) Leaders Sustainability Fund, an active, long-only equity strategy.

Rewilding project secures 'groundbreaking' €100 carbon credit deal

A rewilding project in Lincolnshire, England has sold carbon removal credits for €100 per tonne, in what it is being described as a 'first-of-its-kind' deal.

SBTN releases nature target setting guidance