News

  • Transition Plan Taskforce unveils financial institution sectoral guides as regulation looms

    09 April 2024

    Sector-specific guides on climate transition plan disclosure by asset owners, asset managers, banks and corporates in high-emitting sectors have been published by a group whose work is being closely watched by regulators preparing to govern the practice.

  • European ESG fund market to reach €9.4trn by 2027, says PwC

    09 April 2024

    Assets in environmental, social and governance (ESG)-focused funds in the EU are forecast to reach €9.4 trillion ($10.2 trillion) by 2027, after PwC Luxembourg reported a jump to more than €6 trillion in 2023.

  • Sarasin urges precautionary approach for Basel climate disclosure requirements

    09 April 2024

    Sarasin & Partners has urged the Basel Committee on Banking Supervision to require disclosure of the results of climate stress tests and of how climate-related risks translate into risks to capital adequacy.

  • Exclusive: Franklin Templeton launches global green bond fund

    09 April 2024

    Franklin Templeton has launched its first global dedicated green bond mutual fund, five years after it launched its debut Euro-focused green bond exchange-traded fund (ETF).

  • More action needed on companies' plastic data, says CDP

    09 April 2024

    Major gaps in corporate plastic data highlight the need for mandatory plastic-related disclosure rules, according to CDP, the not-for-profit group that runs the global environmental disclosure system.

  • 'All investors should push companies to issue SLBs,' says Barclays

    08 April 2024

    All equity and fixed income investors should be encouraging companies to issue sustainability-linked bonds (SLBs) at scale, according to Barclays, in a show of support for the declining instrument.

  • 2024 Sustainable Debt Awards winners revealed

    08 April 2024

    The winners have been announced for the 2024 Environmental Finance Sustainable Debt Awards, formerly known as the Environmental Finance Bond Awards.

  • SEC likely to delay climate rule even in best-case scenario, law firm says

    08 April 2024

    The US Securities and Exchange Commission (SEC) is likely to delay implementing its climate disclosure rule even if it wins cases seeking to block its progress, a law firm has predicted.

  • IASB 'net zero' opinion could change accounting practices, argues think-tank

    08 April 2024

    A proponent of a 'new net zero accounting standard' is confident the International Accounting Standards Board (IASB) will adopt it this month.

  • BMO adds 'transition bonds', nuclear to sustainable bond framework

    05 April 2024

    Canadian lender Bank of Montreal (BMO) has added nuclear power projects and transition bonds to its sustainable finance framework, in the first update since its publication in 2019.