News

  • RepRisk, IBAT launch biodiversity tool for extractives

    25 October 2022

    Swiss data firm RepRisk has launched a product for measuring the biodiversity impact of mining and oil & gas projects in a move it billed as a "ground-breaking" foray into location-based information.

  • Video: AllianceBernstein's Tiffanie Wong on the importance of ESG data

    25 October 2022

    Tiffanie Wong, director of fixed income responsible investing portfolio management at AllianceBernstein, shares her view on sustainable finance in fixed income as well as ESG data and corporate disclosure

  • Climate change ranked as top emerging risk in all regions

    24 October 2022

    Risk experts in all world regions have labelled climate change as their top concern, according to Axa's Future Risk Report 2022.

  • Asset managers: TNFD must not 'water down' standards

    24 October 2022

    The Taskforce on Nature-related Financial Disclosures (TNFD) diluting its standard to make it more accessible would endanger its credibility, impact-focused asset managers have said.

  • UK regulator warns financials they face climate risk supervisory escalation

    24 October 2022

    Banks and insurers have been warned by the Prudential Regulation Authority (PRA) they face an escalation in supervisory pressure if they fail to address climate-related financial risk appropriately.

  • Governments should compensate investors for stranded assets, says IISD

    24 October 2022

    Governments should compensate oil and gas investors for stranded assets to avoid costly tribunals, the International Institute for Sustainable Development (IISD) has said.

  • Honesty on transition challenges, failures is 'antithesis' of greenwashing

    24 October 2022

    Being honest around what has led to failures to achieve transition targets is the "antithesis of greenwashing" but remains relatively uncommon among corporates at present, according to Impax Asset Management (AM).

  • ISSB votes to require Scope 3 disclosures

    21 October 2022

    'Global baseline' sustainability standards are set to require disclosure of Scope 3 greenhouse gas emissions, after a vote by the International Sustainability Standards Board (ISSB) decided.

  • Africa will have first carbon-backed sovereign green bond 'within a year'

    21 October 2022

    A country in Africa will have its first sovereign green bond backed by carbon credits within a year, the head of a non-profit has predicted.

  • Insurers taking concrete steps in better climate practices, says UK regulator

    21 October 2022

    Sam Woods letter highlights risk management as key area, but work remains to be done