Ahren Lester

Scope 3 data: imprecise and sometimes plain wrong

Estimates are being used to fill in holes and inaccuracies in corporate disclosures, while there are hopes satellite data will provide clarity, The Future of ESG Data heard

Bond round-up: Netherlands, Uzbekistan, AIB ... and more

The Future of ESG Data conference: Scope 3 emissions double counting 'not much of an issue'

'Double counting' of emissions in Scope 3 calculations is "not much of an issue" and can actually be an "important" factor in carbon risk management, market experts told an Environmental Finance event.

The Future of ESG Data conference: BlackRock was 'underweight Silicon Valley Bank due to complaints data'

BlackRock was underweight Silicon Valley Bank (SVB) before it collapsed in March 2023 due to the asset manager identifying an "inordinate" number of customer complaints at the ill-fated bank.

The Future of ESG Data conference: BlackRock: Military veteran hiring 'one of the best performing ESG signals'

High levels of US military veteran hiring was "one of the best" performing environmental, social and governance (ESG) signals in 2022 and continues to outperform in 2023, according to BlackRock.

The Future of ESG Data conference: EU CSRD reporting does 'not satisfy' ISSB reporting, says ISSB

The International Sustainability Standards Board (ISSB) said that EU Corporate Sustainability Reporting Directive (CSRD)-aligned reporting does "not satisfy" its reporting standards due to its inclusion of 'double materiality' considerations.

HSBC, Nasdaq launch climate technology ETF

ISSB's Faber: Double materiality should not be 'a battlefield'

The chair of the International Sustainability Standards Board (ISSB) has said standard setters are not "in battle" over the decision of whether to incorporate 'double materiality' approaches, arguing that there is an urgent need to end this "divisive narrative".

Brazil: Biodiversity, poverty prominent in sustainability bond debut plan

The Brazilian government has confirmed as much as 18% of its debut sovereign sustainability bond will be committed to biodiversity projects, with clean transport, renewable energy and combating poverty also key financing targets for its maiden bond.

Arup becomes Climate Bonds Standard verifier