PRI warns CEO

PRI signatories outperform non-signatories, report shows

CEM Benchmarking research reveals higher returns and lower costs for signatories


July 30, 2021

Asset owners that have signed up to the Principles for Responsible Investment (PRI) experienced better performance and lower costs than …

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Data, Sustainability risks internal audit

IOSCO considers rulebook for ESG data providers


July 30, 2021

Providers of data and ratings for environmental, social and governance (ESG) factors could come under an explicit international regulatory framework to ensure consistency, according to a new report from the …

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climate map of the world

SEC chair sets wheels in motion for mandatory climate risk disclosures

World’s largest equity market steps closer to unlocking environmental company data


July 30, 2021

The chair of the US Securities & Exchange Commission (SEC) has asked staff to develop …

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FCA

FCA lambasts ‘poor quality’ ESG product design

UK watchdog outlines guidance to improve sector credibility as asset managers rush to launch new products


July 23, 2021

The UK’s Financial Conduct Authority (FCA) has hit out at “poor quality” product applications …

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COVID-19

Covid-19 triggers fall in Japanese sustainable assets


July19, 2021

The use of ESG integration strategies have increased by 15.4% year on year in Japan, despite a decrease in the country’s sustainable investment balance, a Japan Sustainable Investment Forum (SIF) White

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DWP, pensions, stewardship

UK Pensions raise stewardship ambitions


July 9, 2021

This week marked the inaugural meeting of the Occupational Pensions Stewardship council, a new Department of Work and Pensions (DWP) initiative responding to a recent push for improved stewardship and …

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Carbon emissions, net-zero

UK Pensions Regulator launches consultation on climate regulation


July 9, 2021

The UK’s pensions watchdog has launched an eight-week consultation to assist trustees in meeting stricter sustainability and governance measures.

Under the proposed rulings, the Pensions Regulator (TPR) will penalise …

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Greenwashing, sustainability

Proposals target investor protection issues


July 1, 2021

The International Organization of Securities Commissions (IOSCO) says more efforts are needed to curb greenwashing in the asset management industry and has called for feedback on planned recommendations surrounding sustainability-related regulatory and …

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MUFG

23% of shareholders backed a resolution to align MUFG with the Paris Climate Agreement


July 2, 2021

Mitsubishi UFJ Financial Group (MUFG) shareholders have defeated a proposal to better align the business with global climate change targets, but the 23% …

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API, oil, petroleum

New API guidelines come amid stiffening disclosure rules


July 2, 2021

The American Petroleum Institute (API) has launched a new template for natural gas and oil companies to better track and report greenhouse gas (GHG) indicators.

The trade association, which …

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