News

TNFD unlikely to be major issue in proxy season, says Morningstar

Companies are unlikely to face many calls to disclose in line with the Taskforce on Nature-related Financial Disclosures (TNFD) during this year's proxy season, according to Morningstar's Lindsey Stewart.

AllianzGI to support two major biodiversity resolutions

Allianz Global Investors has announced it will support two resolutions urging PepsiCo and Home Depot to assess their biodiversity impacts.

Bond round-up: Equitable Bank, Scotiabank, KBN ... and more

Enel SLB target miss 'very significant event' for market

The missed target tied to more than $10 billion worth of sustainability-linked bonds from Italian energy firm Enel has been described as showing the "value" of the performance-based instrument,...

'Historic day' as EU CSDDD approved

Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".

'Unprecedented': Woodside Energy climate plan rejected by investors

Australian oil and gas firm Woodside Energy had its climate transition plan rejected by a majority of shareholders at its annual general meeting (AGM), with investor groups arguing this record-breaking opposition showed its plans remained "insufficient".

More money market funds are Article 8, but fewer put ESG in the name

Nearly three-quarters of European money market funds (MMFs) are now classified as Article 8 under the EU's Sustainable Finance Disclosure Regulation (SFDR),...

Taxonomy users told to get creative to maximise its transition planning potential

The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.

ISSB to work on biodiversity disclosures

The International Sustainability Standards Board (ISSB) will launch a research programme on biodiversity disclosures, with a view to potentially working on a standard.

FCA confirms start date for anti-greenwashing rule

Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.