Archive

KBRA criticises 'irresponsible' ESG scoring in credit ratings amid S&P reversal

KBRA has criticised the "irresponsible" and "arbitrary" scoring of environmental, social and governance (ESG) factors in credit ratings after rival agency S&P removed its own scoring system from its reports.

UK readies sustainability disclosure overhaul with ISSB consultation

The UK will early next year consult industry on overhauling its disclosure rules to make it mandatory to report in line with international sustainability disclosure standards, the Financial Conduct Authority (FCA) has revealed.

TNFD developing 'mission critical' free nature data facility

Work has begun on development of a global, publicly accessible facility to provide nature-related data that could help investors, according to a group led by the Taskforce on Nature-related Financial Disclosures (TNFD).

People moves, 11 August: Barclays, Finnish church pension fund, GSIA, Verra ... and more

Australian regulator launches 'greenwashing' case against Active Super

The Australian Securities and Investments Commission (ASIC) has started legal proceedings against the AUD26 billion ($17 billion) Active Super which allege "misleading conduct and misrepresentations" around its responsible investment fund.

Is Anti-ESG here to stay?

The US arguably pioneered Responsible Investment and its anti-ESG movement will prove temporary, writes Christopher Wigley

Hold agribusiness to account for impacts on nature, expert group urges

Robust governance frameworks should be introduced that force food commodity traders to provide "full traceability and enhanced transparency" of their impacts on nature, in a way that would help investors accurately value products and their impacts, an expert group has urged.

Loan round-up: Queenstown Airport, Renewi, Lumos Fiber ... and more

Blackstone raises $7bn for 'energy transition' private credit fund

US investment management giant Blackstone has raised $7.1 billion at final close of its energy transition credit fund, in what it claimed is the largest such private credit fund globally.

EU reporting standards to 'drive demand for' renewables certificates