News

• Sustainalytics biggest SPO provider in first half of 2023

  01 August 2023

  Sustainalytics provided the most sustainable finance second-party opinions (SPOs) in the first six months of 2023, whilst Moody's ESG saw its market share jump to become the third largest provider.

• US asset manager climate ambition 'reversed' amid ESG backlash, research says

  01 August 2023

  US and Japanese asset managers have been named the worst offenders for climate inaction, with the climate ambition of US managers "reversing" progress from recent years, according to analysis by InfluenceMap.

• MainStreet: 28% of green bonds 'already meet' EU Green Bond Standard

  01 August 2023

  MainStreet Partners said 28% of existing green and sustainability bonds already meet the main components of the provisional EU Green Bond Standard (EU GBS), with the sustainable investment advisor expecting this number to grow.

• Commission makes concession following criticism of ESRS materiality opt-out

  31 July 2023

  Companies that say climate-related matters are not 'material' to them will be required to provide European regulators with a "detailed explanation" why, under revisions to the European Sustainability Reporting Standards.

• Improving pricing dynamics 'could spur Chinese corporate green bond growth'

  31 July 2023

  The market will have to "wait a little longer" before it sees increased green bond issuance from private corporate issuers in China, due to the adverse pricing dynamics present in the market, according to Sustainable Fitch.

• UK government looking to attract 'nature recovery' investments

  31 July 2023

  The UK government is seeking feedback from investors on how it could better attract investment in "nature recovery", and announced it may introduce measures against nature-related greenwashing.

• Sustainability assurance standards publication date revealed

  31 July 2023

  Standards for assuring sustainability-related information will be published on 2 August, for consultation until 1 December.

• 'Gold standard' UK transition plan framework expected in October

  28 July 2023

  The UK Transition Plan Taskforce (TPT) said its ground-breaking net-zero transition plan disclosure framework will be published in October, with a consultation on sector-specific guidance to also be launched later this year.

• Moody's: 2023 sustainable bond issuance could 'eclipse' $950bn forecast

  28 July 2023

  Moody's Investors Service believes that sustainable bond issuance could "eclipse" its initial $950 billion forecast for 2023, after a strong start to the year.

• Japanese bond investors told to maintain pressure on 'transition' issuers

  28 July 2023

  Bond investors in Japan have been recommended to review at least annually the progress of companies in high-emitting sectors, in guidance that aims to help financial institution engagement published by a Japanese regulator.