News

Resolve 'worrying' inconsistencies in EU reporting regimes, says PGGM

The EU must resolve "inconsistencies" between its reporting requirements for corporates and financial institutions, according to a senior executive at PGGM.

ICMA Principles: Transition and sustainability-linked bond updates expected

The International Capital Market Association (ICMA)-administered sustainable bond principles are expected to update their transition finance handbook and expand sustainability-linked bond guidance at its annual general meeting next week.

People moves 16 June: Lombard Odier, Church Commissioners for England and more

IPSASB to develop public sector climate disclosure standard

The International Public Sector Accounting Standards Board (IPSASB) has announced it will begin developing a public sector-specific standard for climate-related disclosures.

Impact measurement market projected to quadruple in size by 2030

A first estimate of the size of the global 'ESG, sustainability & impact measurement & management market' has estimated that it is worth about $7.7 billion and could quadruple in size by 2030.

UK companies concerned ESG ratings influence investor voting

Some of the largest UK-listed companies are concerned that their environmental, social and governance (ESG) ratings may influence investor voting intentions, amid concerns about how up-to-date the ratings are and the data gathering techniques the providers use to generate them.

Loan round-up: Port of Brisbane, JSW Cement, L&T Finance ... and more

Companies won't act without more biodiversity policy, Impax says

Policymakers must address biodiversity beyond current legislative proposals as companies are not acting on nature, with steps taken so far often little more than "window dressing", Impax Asset Management has said.

Renewables may benefit from a 'climate put' unappreciated by investors, says UBS

Renewables developers could be set to benefit from a "climate put" option, thanks to strong policy support, UBS has suggested in a note.

Australian regulator urges ISSB preparation

Australia government will this month release guidance on how it will implement the International Sustainability Standards Board's (ISSB) forthcoming sustainability and climate disclosure standards, and its regulator has urged the market to start preparing for their adoption.