News

Rebuttable presumptions rebutted in comment letters to EFRAG

Concerns over the rebuttable presumptions approach to reporting in the draft European Sustainability Reporting Standards (ESRS) diluting the quality of reporting and overburdening entities...

Singapore lets firms pay carbon taxes with Gold Standard credits

Singapore-based companies will be allowed to buy Gold Standard carbon credits to meet part of their carbon tax obligations.

HSBC and Temasek launch sustainable loan company

HSBC and Temasek have launched Pentagreen Capital - a debt financing company for sustainable infrastructure projects, with an initial focus on Southeast Asia.

Chinese firms 'must improve ESG' in APAC listing pivot from US

Chinese companies delisting from the US may need to improve their environmental, social and governance (ESG) approach if they wish to shift their secondary listing to Hong Kong or Singapore...

People Moves 26 August: ISSB, Barclays, Citi, Swiss Re, BCG and more...

SEC rules may 'compel' companies to link pay to ESG, commissioner says

Rules that require US-listed companies to describe the link between financial performance and how much they pay their executives could mean that boards feel "compelled" to link remuneration to sustainability metrics, a senior official suggested.

Shrinking sovereign greenium 'can no longer be taken for granted'

Worsening market liquidity is shrinking the size of the 'greenium' for sovereign, sub-sovereign, supranational and agency (SSA) green bond issuers...

Aviva invests £73m in social housing trust

US states target ESG investment as US SIF hits back at 'political' attacks

Politicians in two US states have launched anti-environmental, social and governance (ESG) investment policies, whilst the US SIF has published an 'ESG Truths' website amid growing "politically motivated and simplistic attacks" on ESG in the country.

'Come on in, the water is fine' in impact, investor tells charities

The Friends Provident Foundation (FPF) has pledged to almost triple its investments in Snowball's impact fund, in a call for capitalised charities to switch from grant-making to impact investing.