News

The double materiality debate is boring ... just report both GRI and ISSB, says GRI chief

Widely used disclosure standard setters GRI and the International Sustainability Standards Board (ISSB) are not in competition, the CEO of the GRI has argued, adding that the debate over a key point of difference between the standards has become "boring".

New sustainability finance hires 'specifically requesting no SFDR reporting'

New sustainability hires at companies and some banks are specifically requesting that their role does not require any EU Sustainable Finance Disclosure Regulation (SFDR) reporting duties as "reporting fatigue" deepens,...

Our first question when we see an SLB: 'What are these guys hiding?'

A sustainable bond investor said it treats sustainability-linked bonds (SLBs) with a "huge dose of caution and scepticism," arguing that market practices for the performance-based instrument have provided...

Global plastics treaty negotiations laying ground for mandatory disclosures

As the third round of negotiations for a Global Plastics Treaty comes to a close, draft texts show "encouraging" signs more widespread mandatory plastics disclosures are on the horizon for financial institutions and corporates, CDP has said.

The Future of ESG Data Asia conference: Does APAC need ISSB-Lite?

The Asia-Pacific region might require a slimmed down version of the sustainability standards drawn up by the IFRS's International Sustainability Standards Board (ISSB), a conference heard.

Japan to announce debut sovereign transition bond in December

Japan is planning to issue its ground-breaking debut sovereign transition bond in February 2024, with further details on the size, maturity and expected issuance date released in early December.

People Moves, 17 November: Acadia Infra Capital, BRG

Singapore regulator launches Microsoft Chat GPT-powered ESG data platform

The Monetary Authority of Singapore (MAS) has launched an ESG data platform, which will use Chat GPT and other artificial intelligence (AI) tools to simplify ESG data collection and reporting, and is expected to be particularly useful for small to medium sized enterprises (SMEs).

Future of ESG Data Asia: Why one company is reducing its sustainability reporting to just nine metrics

A real estate firm plans to reduce the number of sustainability indicators it will report - from more than 300 to just nine - amid concerns the costs of assuring them could exceed those of its financial audit.

UK sustainable investment funds not living up to their name, FCA says

UK-based fund managers have been placed on notice by their regulator after it said many had failed to back up claims of sustainable investment, weeks before the publication of rules designed to tackle greenwashing.