Archive

SEC charges BNY Mellon for 'misstatements and omissions' on ESG

The US Securities and Exchange Commission (SEC) has charged BNY Mellon Investment Adviser, Inc. for "misstatements and omissions about environmental, social and governance (ESG) considerations".

Lombard Odier launches sustainable private credit strategy

IFRS Foundation 'at odds' with academics on sustainability standards

The IFRS Foundation has been criticised for failing to consider the views of academics as it prepared to devise global baseline sustainability reporting standards.

UBS, SwissRe join carbon capture scale-up

Aggregate ESG ratings should be abolished

Aggregated environmental, social and governance (ESG) ratings should be abolished, according to a survey, as results show that market participants "do not speak the same language" on what ratings are or should be.

HSBC rejects comments by its head of RI about climate

HSBC has distanced itself from the remarks of a senior employee who delivered a controversial speech about 'Why investors need not worry about climate risk'.

Australian election a 'climate reset', says IGCC

UBP and Deutsche Bank analyse 'EU Farm to Fork' strategy

Canada updates sustainable finance advisory council mandate

EBA advised to steer clear of adding climate Pillar 1 requirements

EU regulators studying how to better capture climate risks in capital requirements risk penalising banks in jurisdictions with tougher climate regulation, according to an advisor.