Archive

ECB bond buying climate tilt faces 'restrictions' in energy sector, says SEB

The options for the European Central Bank (ECB) to tilt away from carbon intensive issuers in its trillion-euro corporate bond buying programme are "particularly restricted" in the energy sector, according to a study of the central bank's proposed climate scoring system.

Leadership does not equal GFANZ

There has been little evidence of leadership or reduction of fossil fuel financing in the giant coalition of investors and banks, argues Michael Northrop

Proterra Asia invests in bioenergy firm

EFRAG submits first draft of corporate reporting standards to EU

The first set of 12 draft European Sustainability Reporting Standards has been submitted to the EU Commission by technical advisers at the European Financial Reporting Advisory Group.

Bond round-up: EU, Italy, Iberdrola, Dubai Islamic Bank, IDB Invest ... and more

Abrdn exec supports rainforest carbon credits 'OPEC'

An Abrdn executive has expressed her support for a rainforest alliance between Brazil, Indonesia and the Democratic Republic of Congo, which proponents argue could transform markets for carbon credits.

First-of-its-kind voluntary carbon credit fund to launch in 2023

A fund dedicated to trading in credits issued as part of the booming voluntary carbon market aims to reach a first close in the first quarter of 2023, Environmental Finance has learned.

Goldman Sachs charged for ESG fund failures

The asset management division of banking giant Goldman Sachs has been charged for failures to follow its own policies and procedures for the environmental, social and governance (ESG) research its teams used to make investments.

ESMA offers 'backdoor' solution to SFDR fund labelling misuse

A major reclassification of self-labelled 'sustainable' funds is likely after ESMA proposes necessary - but complicating - naming guidelines, Anne Schoemaker tells Ahren Lester

Every benchmark should include climate indicators, asset owner alliance says

Every standard investment benchmark should include climate indicators, to help asset owners to develop their own custom indexes, the Net-Zero Asset Owner Alliance (NZAOA) has recommended.