Archive

BoE prepares transition plan based on TPT recommendations

The Bank of England is to publish next week a climate transition plan it says is based on the draft recommendations by the UK's Transition Planning Taskforce (TPT).

Singapore taxonomy to be delayed amid plans to add early coal phase-out

Singapore has revealed plans to include within its taxonomy of sustainable activities guidance on the early retirement of coal-related businesses - in a move that is set to delay the taxonomy's launch.

Cardano wants to use biodiversity 'acoustics' metric for whole portfolio

NatWest: US asset managers have rapidly caught up on climate

US asset managers have rapidly caught up when it comes to integrating climate change into their investment decision making, according to researchers.

Elderson: ECB willing to impose climate-related penalties

A senior official at the European Central Bank (ECB) said it is willing to issue periodic penalties or impose bank-specific capital add-ons for banks that do not demonstrate "full compliance with all our expectations" on climate and environmental risk.

Coal companies struggling to finance transition, says Fitch

Many coal companies in Asia are struggling to raise finance to transition their businesses, while coal is still seen as a strong opportunity, Fitch has said.

Three Cambodian companies receive 'milestone' sustainable bond support

An initiative led by the Securities and Exchange Regulator of Cambodia (SERC), UN and Global Green Growth Institute (GGGI) has announced the three private Cambodian companies which will receive support to issue sustainable bonds, with three further firms to be targeted later in the year.

Free climate data repository to link with MAS, SGX disclosure portal

A free-to-use climate data platform launched by Emmanuel Macron and Michael Bloomberg is to link with a disclosure portal developed by the Monetary of Singapore and Singapore Exchange, it has been announced.

Plastic recycling startup raises CHF12m

'It will help us have more honest conversations'

Investors welcome the IFRS sustainability standards and say, by boosting comparability, they will aid engagement. Michael Hurley reports