Archive

Landmark moment as climate risks included in 'Magna Carta of banking supervision'

Prominent central bankers have welcomed the inclusion of climate change among a group of potentially material risks to financial stability in the global banking supervision principles for the first time, meaning regulators and banks must identify and address such risks.

Mirova to question companies on biodiversity commitments ahead of AGMs

Solas Capital funds Spanish solar PV portfolio

MDBs set to increase GSSS commitments, Sustainable Fitch claims

European Parliament votes to 'break down' composite ESG ratings

The European Parliament has given the go-ahead to 'world first' regulation on ESG ratings, which encourages an end to the use of aggregate ratings that give an overall sustainability score.

'Dividing line' between transition and business strategies is fading fast

The convergence of climate transition and financial business strategies is becoming more prominent and is helping drive greater sophistication in transition planning by issuers, sustainable finance experts told an Environmental Finance event.

Financial accounting of net-zero commitments? Not yet, IASB says

A decision on whether net-zero commitments should be recognised under IAS 37 lays bare an expectation gap between backward-looking financial accounting and forward-looking sustainability perspectives. Vincent Huck reports

People Moves, 26 April: Glass Lewis, Abris, NTR, Circulate Capital, Mediolanum ... and more

EU looks to UK, US policies, with no clear way forward for SFDR

The European Commission is monitoring developments such as anti-greenwashing rules and sustainability labelling schemes in the US and UK as it mulls how it can improve the Sustainable Finance Disclosure Regulation (SFDR).

Impax warns investor sentiment towards green funds could sour

The founding CEO of Impax Asset Management has warned that another disappointing year of returns for 'green' listed equities funds could cause investor sentiment to sour.