News

  • Financial institutions 'think they don't have a real footprint on nature', says NatureTech Alliance

    25 October 2024

    Financial institutions are lagging behind the rest of the private sector, research from the NatureTech Alliance has found, with data fragmentation also proving a key barrier.

  • Investors sometimes need to go on their own for nat cap projects, says BNP Paribas

    25 October 2024

    Sometimes investors will need to "pave the way" for others to follow when it comes to financing natural capital projects, according to BNP Paribas, as it spoke about its new coral reef loan programme.

  • Governance failings dominate ESG-driven ratings actions, S&P reveals

    25 October 2024

    Governance failings were the most cited reason for a raft of more than 100 ESG-driven ratings 'actions' this year, S&P Global Ratings has revealed, as it said 47 issuers have been downgraded largely for ESG reasons.

  • South Korea 'reviewing' return to sovereign green bond market

    24 October 2024

    The government of South Korea is currently considering the possibility of issuing another sovereign green bond, three years after its last issuance.

  • Verra pledges faster project reviews despite workforce cuts

    24 October 2024

    Standard setter Verra pledged to speed up its project review process, in its first update since it announced plans to cut its workforce by a quarter earlier this week.

  • MSCI appoints Trucost founder Mattison as head of ESG and climate

    24 October 2024

    Richard Mattison will join MSCI as head of ESG and climate at the end of the month, having left rival S&P Global earlier this year.

  • Danish regulator uncovers shortcomings in bank and insurer taxonomy reporting

    24 October 2024

    Denmark's financial regulator has found widespread "shortcomings" by the country's banks and insurers in a study of the first year of mandatory reporting of taxonomy alignment under EU regulation.

  • Investor resources being tied up by regulatory burden, says ION Asset Management

    24 October 2024

    The ever-developing sustainable finance regulatory landscape has created a growing cost to comply burden on smaller asset managers, despite lessening costs, says ION Asset Management.

  • 'AI means investors can't hide behind ESG ratings anymore'

    24 October 2024

    The "disruptive" power of artificial intelligence (AI) means investors will no longer be able to "hide behind" the use of ESG ratings, a panel heard.

  • Deregulation under Trump could 'set US course on climate for decades to come'

    24 October 2024

    A victory for Donald Trump in next month's US presidential election would likely see widespread deregulation of the financial sector including of climate risk, feeding uncertainty that could "set the course for decades to come", data analytics provider Climate X has predicted.