Adani pays the price for financing fossil fuels
February 22, 2023
More investors sell their shares in Adani Group as the firm continues to use green money to finance one of the world’s largest coal mines.
On February 10, …
Read More
UK watchdog consults on sustainability governance frameworks
February 17, 2023
The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.
As part of its commitment to creating a policy approach …
Read More
Shell board sued over “fundamentally flawed” climate transition strategy
February 16, 2023
British oil giant Shell’s board of directors are being personally sued over an alleged failure to manage climate risks facing the company.
The civil action has been brought …
Read More
Stakeholder group flags issues with EU Taxonomy
January 27, 2023
The European Securities and Markets Authority (ESMA) has been urged to clarify the label and scope of Article 8 and Article 9 products.
In a letter, the Securities and …
Read More
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 …
Read More
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 …
Read More
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, …
Read More
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 …
Read More