News

ISSB urged to address biodiversity and social issues

The International Sustainability Standards Board (ISSB) has been urged to set standards on biodiversity and human capital, as part of its next phase of work.

Investors warn ISS of troubling inconsistencies in climate voting advice

A working group of the Institutional Investors Group on Climate Change (IIGCC) has urged proxy advisor ISS to integrate climate into its voting recommendations for investors on a "more robust and consistent basis" amid "troubling inconsistencies".

People moves, 1 September: Goldman Sachs, Cubico, Pentagreen Capital

PRI pilot sovereign engagement initiative welcomes 18 new members

The UN-supported Principles for Responsible Investment (PRI) has announced 18 new members to its Collaborative Sovereign Engagement on Climate Change, launched in September last year as a pilot programme to engage with the Australian government.

Inability to compare impact results is biggest concern for impact investing - GIIN

The most significant challenge affecting the impact investing industry is the inability to compare impact results, investors have warned.

EU regulator calls for increased scrutiny of biodiversity funds

The EU's securities regulator has recommended increased scrutiny of biodiversity funds as it noted a "surge" in inflows to funds domiciled in the EU.

Loan round-up: Orsted, Olam Food Ingredients ... and more

REC-reduced emissions targets are 'not reputable', says MainStreet

The use of 'market-based' emissions targets for sustainability-linked instruments is "not reputable", as it demonstrates no long-term operational sustainability improvement, according to MainStreet Partners.

ESG Book helps pilot ASEAN ESG database

The Sustainable Finance Institute Asia (SFIA) has named ESG Book as a data partner for a planned database of ESG data for the Association of Southeast Asian Nation (ASEAN) region.

Stress test US derivatives markets on climate, regulator recommends

The regulator of the US derivatives markets should stress test the resilience of financial institutions to potential physical impacts of climate change, according to a commissioner at the Commodity Futures Trading Commission (CFTC).