News

  • ICE calls for avoided emissions disclosures standards

    23 August 2023

    Investors demanding disclosure of 'Scope 3' greenhouse gas (GHG) emissions data from companies should also request data on 'avoided emissions' to gain further insights into the low-carbon transition, according to researchers.

  • ISS ESG shuffles top leadership

    22 August 2023

    ISS ESG has shuffled its senior leadership with Till Jung becoming ISS ESG head and Maximilian Horster appointed the newly created global head of ESG strategy role at the responsible investment advisor and consultancy.

  • FAIRR calls on G20 to align agricultural subsidies with climate goals

    22 August 2023

    A coalition of 32 investors managing £5.7 trillion ($7.3 trillion) has urged G20 countries to better align their agricultural subsidies with their climate goals.

  • Storebrand warns of 'hidden traps' of climate data at heart of ISSB standards

    22 August 2023

    Storebrand Asset Management has warned investors of "hidden traps in climate data" that would lead them to unnecessarily exclude "climate solutions" companies because of greenhouse gas (GHG) emissions linked to their sold products.

  • Singapore plans SGD1.8bn green bond tap this week

    22 August 2023

    Singapore is planning to raise at least SGD1.8 billion ($1.3 billion) from a tap of its 50-year debut green bond this week.

  • Engagement is the 'measure of success' on biodiversity, says UBP

    22 August 2023

    It is more valuable to engage on biodiversity-related themes, rather than try to manage 'arbitrary' data points, Union Bank Privée (UBP) has argued.

  • Mexico 'not currently exploring' sovereign sustainability-linked bond

    21 August 2023

    A senior minister said that Mexico is focused on its 'use of proceeds bond' programme and is not currently considering a sustainability-linked bond (SLB), but that it will continue to study the experience of some of its regional peers.

  • 'Financial time bomb' of climate-related credit rating volatility awaits, says IEEFA

    21 August 2023

    A "financial time bomb is ticking" due to expected volatility in credit ratings caused by climate risks which have not yet been adequately reflected in ratings, the Institute for Energy Economics and Financial Analysis (IEEFA) has warned.

  • Fitch: Amazon summit sets stage for 'confrontational COP28'

    21 August 2023

    Sustainable Fitch said the stage was set for a "more confrontational COP28," after "strong demands" were made at a regional summit on the sustainable development of the Amazon around developed country financing support and rising concern around regulation.

  • Sustainability-linked bond target rebasing threatens credibility of market

    18 August 2023

    The baselines used to set sustainability-linked bond (SLB) targets are being changed "a lot" more than expected, in a trend that threatens the credibility of the market, MainStreet Partners has warned.