Climate Risk

ECB Makes “Groundbreaking” Shift on Climate

05/07/2022

The ECB will introduce gradual limits on the use of bonds issued by companies with high carbon footprints.

Reporting & Disclosures

Tougher Enforcement, Regulation on ESG Funds a “Wake-up Call”

03/07/2022

DWS whistle-blower Desiree Fixler welcomes enforcement action as necessary to deal with greenwashing.

Sustainable Finance

ICMA Issues KPI Registry for Sustainability-Linked Bonds

30/06/2022

ICMA has also updated its guidance and introduced clarifications to support growth of the sustainable bond market.

Nature & Biodiversity

TNFD Unveils Metrics Architecture in Second Beta Framework

30/06/2022

There are due to be two further beta drafts to be launched ahead of the final framework’s planned publication in September 2023.

ESG Data

ESG Ratings Providers Fall Short on Transparency – ESMA

27/06/2022

There are 59 ESG ratings providers active in the EU, ESMA said in a letter to the European Commission.

Climate Risk

Listed Equities’ Carbon Well Exceeds Paris Target

26/06/2022

Stock exchanges’ listing rules are putting investors at risk, a new report from think tank Carbon Tracker finds.

Reporting & Disclosures

Moody’s Finds ESG Risk Mitigation Delivers Higher Returns

25/06/2022

Controversial events can cause lasting damage to shareholder value, analysis from Moody’s Analytics suggests.

Climate Risk

UK Proposes Climate Risk Requirements for Actuaries

15/06/2022

The UK Financial Reporting Council proposes to require actuaries to include climate change and other ESG–related risks in the course of their work.

Reporting & Disclosures

Green Funds Largely Unaligned with Paris Agreement – S&P

14/06/2022

S&P looked at nearly 12,000 equity mutual funds and ETFs representing more than USD 20 trillion in market value. About 11% were aligned with the Paris goals.