News

Understanding of nature's financial impact 'limited', says CDP

An analysis of thousands of companies around the world has revealed that understanding of the financial impact of nature remains "limited" although biodiversity-related reporting is showing positive momentum, according to CDP.

COP16: 30x30 'accountability' tracker expanded

A tracker assessing progress of the Global Biodiversity Framework's 30x30 target has been expanded to include terrestrial data in a bid to bring "accountability" to government

EU 'discussing criteria' for sustainable, transition categories to replace SFDR Articles 8 and 9

Discussions within the European Commission are "advanced" on eligibility criteria for 'sustainable' and 'transition' categories that would replace Articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), according to a source claiming knowledge of the talks.

Barclays: 'Surprising' rise in principal repayment penalty SLBs

There has been a "surprising" increase in the use of penalties applied to the principal repayment at maturity for sustainability-linked bonds (SLBs), according to Barclays - a move that it said could make the struggling instrument "less appealing" to investors.

Sustainable debt round-up: IBRD, Canada, Health & Happiness ... and more

COP16: $2.5trn investor group urges governments to step up on biodiversity

Investors representing $2.5 trillion assets under management have urged governments to take more ambitious action on biodiversity at COP16, including introducing mandatory nature disclosures.

Asset managers told to sober up from 'drunken search' for value of engagement

Asset managers have been urged to focus on improving how they articulate the intentions and outcomes of engagement or face feeding "concerns that sustainability investing does little to change firm behaviour".

Clear communication paramount for impact manager selection, says pension fund

Investors that can demonstrate 'a combination of communication and investment' priorities will stand out for pension funds selecting fund managers awarding sustainability-focused investments mandates, Ahold Delhaize's pension fund has suggested.

COP16 breakthroughs on financing 'unlikely', warns BloombergNEF

COP16 is unlikely to "deliver breakthroughs" on financing the Global Biodiversity Framework, BloombergNEF has warned, over concerns about mobilisation and accounting.

Biodiversity funding gap increases to $942bn

The biodiversity funding gap has widened to $942 billion, with private finance activity also taking a downturn, according to new research by BloombergNEF.