NGFS call on central banks to step up on climate litigation
September 12th, 2023
The Network for Greening the Financial System (NGFS) has urged central banks and financial supervisers to build up their capabilities for assessing and managing risks …
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Australian government accept climate risk to bond value
September 7th, 2023
In a landmark settlement, the Australian government will acknowledge that the climate crisis is a systemic risk that might impact the value of sovereign bonds.
The government has …
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TPI Centre: Banks must expand emission reduction target coverage
September 7th, 2023
The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.
The …
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GRI and EFRAG confirm interoperability of impact reporting standards
September 7th, 2023
The Global Reporting Initiative (GRI) and European Financial Reporting Advisory Group (EFRAG) have announced their respective impact reporting standards can be used collaboratively.
The groups published a …
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UKSIF urges government to stick to net-zero ambitions
September 1st, 2023
The UK Sustainable Investment and Finance Association (UKSIF) has warned the government that climate wavering risks its position as a world leader in sustainable finance.
UKSIF, which represents banks, …
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ShareAction calls for ISSB to prioritise human rights reporting
September 1st, 2023
Investor coalition ShareAction has written to the International Sustainability Standards Board (ISSB) to design international reporting standards for human and worker rights.
ShareAction, which represents investors managing …
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IEEFA criticises SBTi’s draft standards for financial sector
September 1st, 2023
The Institute for Energy Economics and Financial Analysis (IEEFA) has recommended improvements for the Science Based Targets initiative’s (SBTi’s) draft standards for financial institutions.
IEEFA called on SBTi …
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ICE calls for avoided emissions to be adopted into investment analysis
August 25th, 2023
Intercontinental Exchange (ICE) is pressing for avoided emissions to be included in mainstream investment analysis after developing a new framework with Ecofin Advisors to address …
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Businesses not prepared to comply with ESG regulation
August 25th, 2023
A disconnect between executives and their employees on ESG regulation could mean companies are still not ready to abide by emerging requirements, a study by software-as-a-solution provider Workiva …
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SIFMA challenges new Missouri Securities Division rules
August 23rd, 2023
The Securities Industry and Financial Markets Association (SIFMA) has filed a complaint over two Missouri Securities Division rules on providing financial advice based on ESG factors.
SIFMA filed its …
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