News

• Climate AM acquires Australian 'regenerative agriculture' project

  05 September 2023

  Climate Asset Management's natural capital fund has acquired a regenerative agriculture project in Australia for an undisclosed amount, to restore biodiversity and generate carbon removal credits.

• Indonesia considering coal for 'green' taxonomy

  05 September 2023

  A move from the Indonesian regulator to consider coal as 'green' within its taxonomy could risk foreign investor confidence in the market", both an international energy institute and Sustainable Fitch have warned.

• Nature in the spotlight at Africa Climate Summit

  05 September 2023

  As the inaugural Africa Climate Summit kicks off in Nairobi, nature looks set to take centre stage with investment pledges expected alongside ambitious biodiversity and deforestation targets.

• Revolution, not evolution, needed in climate scenarios, UK pensions regulator warns

  05 September 2023

  Shortcomings in models to assess the potential impacts of climate on investments require "revolution, not evolution," to improve the reliability of their outputs, a senior executive at the UK's Pensions Regulator (TPR) has said.

• ISSB will build 'next level sustainability data muscle' in companies

  04 September 2023

  The progress of the International Sustainability Standards Board (ISSB) disclosure standards will accelerate the shift towards more rigorous, "balance-sheet appropriate" environmental, social and governance (ESG) data, according to ESG Book.

• Australian carbon border tax's inflationary impact may hit renewables - UBS

  04 September 2023

  A proposed carbon border tax to ensure importers to Australia face the same costs on carbon emissions as domestic companies could drive inflation in the cement industry - costs which could be passed on to infrastructure and renewables sectors, UBS has projected.

• NatWest: Transition plans still tricky under EU SFDR

  04 September 2023

  Uncertainty still reigns among fund managers around how to handle investee transition plans under the EU Sustainable Finance Disclosure Regulation (SFDR), according to NatWest.

• NGFS publishes guidance amid rise in climate-related litigation cases

  04 September 2023

  Network for Greening the Financial System (NGFS) has warned more climate-related litigation cases are on the horizon.

• Delay UK financial institution taxonomy reporting, expert group urges

  01 September 2023

  The UK should allow financial institutions to delay reporting their alignment with a proposed 'green taxonomy' to enable them to benefit from access to corporate disclosures, an expert group has urged the country's government.

• SFDR downgrades have not harmed investment flows, EU regulator says

  01 September 2023

  A wave of downgrades of funds under the EU's Sustainable Finance Disclosure Regulation (SFDR) has not harmed inflows into these funds, according to the bloc's securities regulator.