News

Scope 3 emissions are 'Loch Ness monster of sustainability reporting'

The low levels of Scope 3 emissions reporting despite its importance to investors for climate risk assessment has made it the "Loch Ness monster" of sustainability reporting, an Environmental Finance event has heard.

EthiFinance: EU ESG rating provider regulations 'not fair'

The expected final EU regulation for environmental, social and governance (ESG) ratings providers is "not fair" - especially for mid-cap providers, sustainable finance rating and advisory firm EthiFinance told an Environmental Finance event.

People Moves, 18 October: Rebalance Earth, AXA IM, PIRC, Revaia

Caution urged over companies' nature-positive claims

It would be a "hard stretch" for organisations to say they are nature-positive, BNP Paribas Asset Management has said, calling on the market to "cautious" in any claims.

UK government releases transition finance report

The UK government has released its Transition Finance Market Review, an independent review into how to scale the high-integrity transition finance market.

UK government ambitious in delivering transition plan guidance, says Aviva's Paddy Arber

The UK's Labour government is showing "laudable" ambition in delivering guidance on transition plans amid inconsistent global efforts, according to Aviva's Paddy Arber.

Manulife IM: There's a long way to go on nature data

Manulife is beginning to look for new nature investment opportunities but has told Environmental Finance why it is rejecting the use of large datasets and nature footprinting.

Trust in forward-looking data 'needs to be earned'

As corporates are encouraged to provide more forward-looking data by investors and regulators, trust in how such data is produced will have to be earned, attendees at an Environmental Finance conference heard.

Nestlé: We need to set 'reasonable boundaries' on transparency of nature data

"Reasonable boundaries" need to be set on the amount of nature data companies are expected to disclose, Nestlé has said, urging investors to collectively decide what information they need.

Limited liability under consideration in forward-looking data consultation, says FCA

Forward-looking sustainability data could encourage investors to assess risks more accurately, the Financial Conduct Authority's Sacha Sadan told an Environmental Finance conference, but raises the issue of liability.