Reliance on taxonomy would be ill-advised in overhauled SFDR, ICMA tells EU

The EU has been warned against a 'potentially reductionist approach' overly relying on its taxonomy at the expense of the theme of transition in an overhauled Sustainable Finance Disclosure Regulation (SFDR) by the International Capital Market Association (ICMA).

Exclusive: NatureAlpha overhauls nature data offering amid 'unbelievable' AI improvements

Data tech start-up NatureAlpha has upgraded its Geoverse data platform, helped by the "unbelievable" improvements in the capabilities of artificial intelligence (AI).

'AI could offer better green bond impact and incentives from day one'

Artificial intelligence (AI) could provide an opportunity for green bonds to become "more incentivising and transparent" around impact from the very earliest structuring phase,...

ISS preparing sustainability bond rating

ISS STOXX is readying a 'sustainability bond rating' that it says will help investors analyse the sustainability impact and risks of labelled bonds ...

FoSDA appoints former CFA UK CEO as first exec director

The Future of Sustainable Data Alliance (FoSDA) has appointed former CFA UK chief executive Will Goodhart as its first executive director.

US SEC delays anti-greenwashing 'names rule' compliance deadline by six months

NBIM tells Switzerland to require ISSB-aligned disclosures

Omnibus bolsters case for requiring double materiality in EU ESG ratings, investor says

The case for changing the EU ESG ratings regulation to require ratings to use a 'double materiality' assessment was strengthened by proposed cuts to corporate sustainability reporting rules, according to Algebris Investments.

Canadian regulator updates disclosure rules to align with ISSB

CSRD guidance for real estate being readied to help in absence of sector-specific standards

The real estate sector is devising its own guidance on the most relevant datapoints to disclose under EU rules, as the bloc proposes to abandon work to develop sector-specific standards.

Omnibus CSRD cuts threaten investor access to sustainability data, Dutch regulator says

The Dutch financial markets supervisor has urged companies to continue reporting sustainability information in line with the current version of the EU Corporate Sustainability Reporting Directive (CSRD), as it warned that EU proposals to change the CSRD threatened investor access to data.

'About half' of companies in scope of imperilled SEC rule may have to disclose anyway - Ceres

The combination of climate disclosure rules in California and the EU, and other national rules with extraterritorial reach, are set to capture about half of the companies that would have been in scope of the imperilled Securities and Exchange Commission (SEC) rule, Ceres has estimated.

'Several negative impacts' on SFDR if taxonomy reporting made voluntary

EFRAG mulls pivot from financial institution standards to guidance after Omnibus

The European Financial Reporting Advisory Group (EFRAG) is preparing to decide how it can help financial institutions report in line with the Corporate Sustainability Reporting Directive (CSRD) after the EU's Omnibus package withdrew the prospect of sector-specific standards.

NatureMetrics launches geospatial tool

EIOPA says Omnibus means it needs to delay insurers' sustainability risk standards

The EU's insurance supervisor has asked for a delay to its work on standards for insurers' sustainability risk disclosures, arguing that the proposed Omnibus package creates uncertainty that makes its work harder.