News

US regulator says greenwashing is fraud

The Commodity Futures Trading Commission (CFTC) is ready to increase its resources to tackle false claims on environmental aspects in the US futures and derivates markets, which a commissioner said are of growing concern in carbon markets and can equate to fraud.

'Eurocentric' SFDR penalises emerging market investment, argues Actis

EU reporting regulations need to show "a greater level of discretion" for businesses in emerging markets, which often lag those in European countries in terms of sustainability.

People Moves 10 February: BlackRock, CCLA, Snowball and more...

Corporate sustainability 'due diligence' proposal passes key vote

An EU Parliamentary committee has approved the text of a proposed directive to ensure large financial and non-financial corporates prevent human rights violations and adverse environmental impacts in their value chains.

FCA considers regulation on closing 'say-do gap' for financial institutions

The UK FCA has said it will consider potential regulation to encourage financial institutions to contribute to positive sustainability outcomes.

Verra speaks out on tradability of nature credits

Verra has confronted the controversial topic of whether nature credits can be tradable, following a debate on the topic.

NBIM tells Aussie Treasury that climate assurance is needed

Norway's giant sovereign wealth fund has called for mandated assurance of climate disclosures, in its response to an Australian Treasury consultation.

GIIN set to issue guidance on impact in listed equities

The Global Impact Investing Network's (GIIN) CEO said the organisation is developing guidance on "what impact looks like in a listed equities fund".

UBP on the hunt for profitable social investments

Social investments, particularly in developed markets, are constrained by the lack of profitability in some sectors, Union Bancaire Privée has said.

Spate of climate litigation takes aim at oil, gas, cement and nuclear

A spate of climate-related litigation has been launched that proponents say will increase companies' accountability for their contribution to climate change and prevent 'greenwashing'.