Divestment Sign

GFANZ criticisms raise fossil fuel divestment debate

January 25, 2023


Concerns over greenwashing, and the current reality of fossil fuel investment and divestment, have been raised again in an analysis of the Glasgow Financial Alliance for Net Zero (GFANZ) by …

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Investors back EU plan for human rights due diligence rules

European trade groups propose amendments to CS3D 

January 24, 2023


Several major European trade bodies have joined forces to urge the European Parliament and Council to amend the due diligence framework.  

Twenty-seven European trade organisations have proposed recommendations to enhance …

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Human Rights, United Nations

UNGC finds CEOs off track for 2030 goals

January 10, 2023


CEOs must accelerate their work in sustainability in order to achieve the Sustainable Development Goals (SDGs) by 2030, according to new research by the United Nations.  

The UN Global

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securities

Global PSSL announces new Strategic Advisor


January 20, 2023

This week, the Global Principles for Sustainable Securities Lending (Global PSSL) has announced the appointment of a new Strategic Advisor to their College of Advisors.

Global PSSL is a not-for-profit, …

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net zero

Major UK FS bill lacks net-zero provisions 


January 19, 2023

The UK’s House of Lords has urged the Financial Services and Markets Bill must be amended to facilitate the transition to a net-zero economy. 

During the bill’s second reading at …

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ECB Building

ECB considers climate-focused reshuffle of portfolio

January 16, 2022


The European Central Bank (ECB) is considering altering the climate titling of its corporate and sovereign bond portfolios.

On 10 January, the ECB confirmed it is considering reshuffling the portfolio …

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IFRS ISSB Logo

ISSB disclosure rule update expected in 2023


January 6, 2022

The International Sustainability Standards Board (ISSB) is to propose two new rules covering companies’ disclosures of climate-related risks and expands its focus to include corporate biodiversity reporting.

The pairing will …

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Kentucky threatens divestment from 11 companies in anti-ESG move


January 5, 2023

Republican states continue to shun ESG investments as 11 major financial companies face potential divestment from Kentucky.

Kentucky State Treasurer Allison Ball has threatened to divest in companies …

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Biodiversity COP15 Website

COP15 biodiversity framework: what’s next?


January 04, 2023

Nearly 200 governments have entered into a landmark biodiversity agreement, but critics have argued this already requires reform.

One hundred and eighty-eight governments have signed the Kunming-Montreal Global Biodiversity Framework (GBF), which …

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SEC forms climate and ESG taskforce

US sustainable assets fall as SEC pushes ESG regulation

December 22, 2022


Sustainability-linked assets in the US have fallen from a high of $17.1tn in 2019 to $8.4tn at the beginning of 2022, a report from the US Forum for …

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