News

TNFD mulls creation of nature data 'standard'

A public data utility being developed by the Taskforce for Nature-related Financial Disclosures (TNFD) might take the form of a common standard for nature data rather than an open-source platform like that being developed for climate, its chair has suggested.

ASCOR to assess countries based on contribution to $100bn climate finance goal

A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.

Transition Plan Taskforce releases guidance for financial institutions

The Transition Plan Taskforce (TPT) has today unveiled its sector-specific guidance for insurers, banks, asset managers and asset owners in a bid to provide clarity on how firms can interpret and implement the TPT's disclosure framework.

UK 'committed' to nature targets, despite climate rowback

FSSA pursues progress on modern slavery following environmental engagement gains

Climate adaptation work at COP28 can learn from biodiversity, Morningstar says

With a growing focus on climate adaptation expected at COP28, there are lessons to be learnt from assessing the inherently local nature of impacts and dependencies on biodiversity, Morningstar has said.

Japanese transition bonds could help refine concept of transition finance, says Axa IM

Japan's planned mammoth transition bond issuance programme could help fixed income markets "refine" what should be considered a credible 'transition' investment, according to an investment analyst at Axa Investment Managers.

EF revamps its Environmental Market Rankings

In response to market feedback, Environmental Finance is pleased to announce its Annual Market Rankings will now be renamed the Environmental Market Rankings.

South Pole founding CEO steps down following controversy

South Pole has announced its long-serving CEO, Renat Heuberger, is stepping down with immediate effect, following criticism over its involvement in a Zimbabwean project.

People moves 10 November including USS, Nuveen, MUFG, Natixis IM, and more