Archive

European FIs 'heavily exposed' to nature risks, warns Commission

European financial institutions are "heavily exposed" to nature-related risks, the European Commission's Joint Research Centre has found, warning this could have "dire consequences" for the financial system.

Regulators need to act on greenwashing because market is failing to punish it, ESMA reports

Companies criticised for overstating their sustainability credentials have not yet seen their share prices substantially negatively impacted - which strengthens the case for intervention by regulators, according to the European Securities and Markets Authority (ESMA).

UK presses ahead with listing reform, despite investors' corporate governance warnings

Fresh proposals to overhaul UK listing rules show "little sign that widely held and clearly communicated investor concerns about weakening corporate governance standards have been taken into account," one of the country's largest pension funds has warned.

Innovative nature-based solutions starved of capital, says Oxford University

Investors are currently only investing in established nature-based solutions (NBS) with traditional returns and safer risk-return profiles, Oxford University has said, warning this leaves more innovative investments, with wider benefits, lacking capital.

Engaging on biodiversity

Rachael Monteiro explains how WHEB has been engaging with companies to put biodiversity on their sustainability agenda

UK to study how it can be 'best place in the world' for transition finance

An independent review has been launched by the UK government to study how it can "become the best place in the world for raising transition capital" with a mandate that identifies assurance of financial transactions among ways the market can grow "with integrity".

BoE continues to focus on climate despite UK government de-prioritising it, Breeden says

The Bank of England will continue work to improve its understanding of climate risks to financial stability, its deputy governor Sarah Breeden has said.

Fitch: Social to rise up the sustainable bond agenda in 2024

Nature-related sustainable bond issuance is set to give social co-benefits greater prominence in 2024, Sustainable Fitch says. Ahren Lester reports

Impact label is 'crucial' to SFDR success, impact leaders urge

Tennessee sues BlackRock over 'false or misleading' ESG claims

The Attorney General of Tennessee has accused BlackRock of making "false or misleading" claims about "the extent to which environmental, social and governance (ESG) considerations affect BlackRock's investment strategies".