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People Moves, 7 June: Abrdn, Savills IM, CPP IB, South Pole ... and more

Investors call for ramping up of ocean biodiversity data coverage

A group of large global investors has called on ESG data providers to develop better coverage of ocean biodiversity to help manage risks and meet the wider goals of the Global Biodiversity Framework.

Singapore Taxonomy's CGT inclusion progressing - but without transition

Advanced work is underway for the Singapore-Asia Taxonomy to be added to the EU-China Common Ground Taxonomy (CGT), but it will not include the transition elements of the Singaporean sustainability list.

Australian sustainable fund labelling proposal focuses on UK alignment

The developers of the Australian sustainable fund labelling proposals are looking "very closely" at the UK naming rules to see "whether we can align" with the requirements published in November.

Nature is a keystone asset class, says Lombard Odier

Nature should be treated as a standalone asset class, rather than an offsetting strategy, given the critical role it plays in the wider economy and in tackling issues such as climate change, a panel heard.

'Green enabler' green bonds are 'wishful thinking'

Singaporean petrochemicals and natural resource firm ChemOne said the journey to finding a route for sustainable financing for 'green enabling' activities is a good idea, ...

Loans round-up: COPASA, Shriram, OCP Group and more...

Caution urged over reliance on blue, orange bond labels

While sub-labels are helpful for "signalling" purposes, the market should "caution against" separating blue and orange bonds from the wider green bond label, delegates at the Environmental Finance Sustainable Debt Asia 2024 conference heard.

Regenerative agriculture project is first to obtain rating on carbon credits

A regenerative agriculture project in the US has become the first of its kind to gain a rating for the carbon credits it generates.

JETPs slow with execution and delivery, say banks

Just Energy Transition Partnerships (JETPs) are slow with their execution and delivery, despite ambitious approaches, a group of banks and investors have claimed.