ESG / Sustainability

Banks and insurers are instructed to have their green finance management systems and procedures in place by 1 June 2023.

Analysis across KLD, Sustainalytics, Moody’s ESG, S&P Global, Refinitiv and MSCI finds significant differences in how indicators are measured.

ESMA says administrative measures, including enforcement, may be appropriate in cases where SFDR disclosures are misleading or do not match fund documentation.

The MOU promises to facilitate listings of Indian sustainable securities on LuxSE, which will help to enhance their visibility to international investors.

Resignation sparked by German police raids to investigate claims over mis-representation of ESG funds.

A draft set of indicators have been published which issuers can use to help them assess the social impacts of projects financed with social bonds.

National low-carbon transition funds will be established and existing government investment funds will help to facilitate decarbonisation.

Chair Ravi Menon described the next phase of the NGFS' work as a "move from awareness to action".

The guide outlines key considerations and best practice areas for directors to consider as they prepare for New Zealand's climate-related disclosures framework.

Banks, insurers and asset managers are directed to use the guidance to bolster their resilience to environmental risk and set tangible targets for action.