-
UK's FCA investigating climate-related misconduct
20 June 2024 -
Swiss financial institutions agree to audit sustainability practices to stave off regulator
20 June 2024Swiss banks, insurers and asset managers have agreed to 'self-regulation' that includes the independent audit of implementation of the sustainability approaches they claim to make, in a bid to stave off regulation by the state.
-
NGFS encourages central banks to model 'worst-case' climate impacts
19 June 2024The Network for Greening the Financial System (NGFS) has encouraged central banks to disclose the results of analysis exploring the worst-case scenario for climate-related physical and transition risks.
-
EU regulators pitch SFDR 'sustainability scale' and 'transition' category
18 June 2024EU regulators have suggested creating a category for 'transition investment' and a scale by which the relative sustainability of investments can be judged in an opinion on the review of the EU Sustainable Finance Disclosure Regulation.
-
EU countries agree weakened text for green claims directive
18 June 2024EU countries have agreed a text for the proposed Green Claims Directive which contains weaker language on the use of carbon credits than that agreed by the European Parliament.
-
EU Nature Restoration Law finally approved in 'massive victory for nature'
17 June 2024An EU law to restore at least 20% of the EU's land and sea areas by 2030 has been approved after a 'compromise' text won a slim majority among EU countries - a move welcomed by investors and NGOs who called it "a massive victory for Europe's nature".
-
Railpen buys 50% stake in renewables developer
17 June 2024 -
NBIM buys £330m stake in wind farm from Macquarie fund
17 June 2024 -
Financial institutions recommended to build stronger ESG data checks
17 June 2024 -
German central bank studies physical climate risk in bond portfolio
17 June 2024