ESG / Sustainability

FCA: ESG Benchmarks Have Potential for “Widespread Failings”

23/03/2023

Following a review of ESG benchmarks, the FCA warned that poor-quality disclosures about methodologies and thresholds could contribute to greenwashing.

ESG / Sustainability

StoneX, ACX Launch US Digital Carbon Marketplace

23/03/2023

Financial services firm StoneX and Singapore-based AirCarbon Exchange have signed an agreement to create a US-based digital carbon marketplace.

ESG / Sustainability

APAC Firms Targeting ESG Metrics in Exec Pay “Surge” – WTW

21/03/2023

Public companies across APAC are increasingly integrating ESG metrics into their executive remuneration programmes, says investment consultancy firm WTW.

ESG / Sustainability

IPCC: Remove Climate Finance Barriers to Avert Decline

20/03/2023

There is sufficient global capital to rapidly reduce GHG emissions if existing barriers are reduced, the IPCC says in a new report.

ESG / Sustainability

New Guidance for Accounting, Reporting Real Estate Emissions

15/03/2023

The three organisations have outlined recommendations for on accounting and reporting real estate operational emissions.

ESG / Sustainability

ESG Scrutiny Reveals Cracks in Credit Rating Methods

15/03/2023

An IEEFA study has found “no direct relationship” between ESG credit scores and credit ratings, due to ratings providers still “evaluating companies the traditional way”.

Capital / Liquidity

FIs’ Climate-related Risk Capture Incomplete, says BoE

15/03/2023

Existing capability and regime gaps “create uncertainty” over whether financial institutions are adequately capitalised for future climate-related losses, says the Bank of England.

ESG / Sustainability

Fitch Rating Analyses ESG Fund Regulation Globally

13/03/2023

New Fitch report compares fund-level ESG regulatory developments across North America, Europe and Asia.

ESG / Sustainability

EU Financial Regulators Testing Climate Transition Resilience

13/03/2023

The European Commission has asked the ESAs to conduct an analysis of the financial system’s resilience as EU member states decarbonise their economies.