ESG / Sustainability

ESG / Sustainability

Australia to Start Work on Sustainable Finance Taxonomy in July

By Editors | 30/05/2022

The Australian Sustainable Finance Institute is seeking proposals from consultants who can work with it on the first phase of its taxonomy project.

Big Picture

“Notable Progress” in Financial Institutions’ D&I Policies: BIS

By ESG Investor | 28/05/2022

International standards could be more explicit in articulating expectations on diversity and inclusion practices.

ESG / Sustainability

US SEC Funds Proposals Aim to Tackle Greenwashing

By ESG Investor | 27/05/2022

Asset managers will be required to justify their use of ESG labels under new proposals from the SEC.

ESG / Sustainability

BSP Consults on Sustainable Investment Guidelines for Banks

By Editors | 27/05/2022

The guidelines offer three recommended approaches to help banks assess the sustainability of their prospective investments.

ESG / Sustainability

ESG Explainer: SEC Lays Its Cards on the Table

By ESG Investor | 25/05/2022

Despite high levels of investor support, proposed rules on climate-related disclosures have prompted questions of regulatory over-reach.

ESG / Sustainability

BOE Publishes Results of First Supervisory Climate Stress Test

By Manesh Samtani | 25/05/2022

Without early action, the UK’s largest banks and insurers would suffer climate-related losses worth $418bn by 2050.

ESG / Sustainability

US SEC Fines BNY Mellon Unit for ESG Misstatements

By Editors | 25/05/2022

BNY Mellon Investment Adviser stated in documents that all investments in its funds had undergone an ESG quality review, but that this was not always the case.

ESG / Sustainability

TNFD Launches Collaborative Initiatives to Refine Reporting Framework

By ESG Investor | 24/05/2022

TNFD consultation groups from Australia and New Zealand, India, Japan, the Netherlands, Switzerland, and the UK have been formed.

Big Picture

NGFS Issues Reports on Climate-related Risks and Ratings

By Editors | 24/05/2022

Two new reports shed light on the extent to which climate risks are taken into account by FIs and affect credit ratings.