News

Natural Capital Investment Americas 2023: TNFD 'will need filtering before integration into ISSB'

The recently released recommendations of the Taskforce on Nature-related Financial Disclosures (TNFD) will need to be "filtered" before being integrated into the standards created by the International Sustainability Standards Board (ISSB), one of the IFRS Foundation's directors has suggested.

Just Climate launches 'natural climate solutions' strategy

UK regulators propose rules on diversity and inclusion

The UK's financial regulators have issued consultations on improving diversity and inclusion (D&I) in financial industries, an issue that is "important to governance and firm-wide culture" and supporting effective risk management.

190 investors sign up to collaborative engagement on nature

190 institutional investors have signed up to collaborate to pressure 100 companies to address their negative impacts on nature, on the launch of Nature Action 100 (NA100) at Environmental Finance's Natural Capital Americas conference.

Natural capital investment faces major hurdles in the Americas

Natural capital investment across the Americas faces several barriers including a lack of standardised rules, potential greenwashing, and the long-term horizon that is required, according to sector experts.

Voluntary carbon market craving for clarity, Manulife IM says

Investors are increasingly looking "under the hood" of voluntary carbon market (VCM) investment opportunities to understand the underlying projects they are investing, according to Eric Cooperström, managing director for impact investing and natural climate solutions at Manulife Investment Management.

High capital charge preventing US insurers from investing in natural capital

US insurers are being put off from investing in natural capital assets because of high capital charges, according to Megan Reilly Cayten, senior investment manager at Climate Asset Management.

DWS fined $19m by SEC for 'misleading' ESG statements

ISS ESG asks for feedback on its corporate ratings amid regulatory upheaval

ISS ESG has for the first time requested public feedback on its ESG Corporate Ratings, to inform its development of the product "in a rapidly evolving regulatory landscape".

Bank of England should model financial impact of acute physical risks, regulator says

The Bank of England should test the impact on the country's financial system of a "very large climate event", the head of the Bank's Prudential Regulation Authority (PRA) has said.