This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Yes, greenwashing and window-dressing still dominate the business landscape, but rankings like the Best 50 prove that progress is possible. Banks, asset management and insurance peer groups are not assessed on the sustainableinvestment KPI. The weight of this KPI has been reweighted to the sustainable revenue KPI.
Financial products and funds labelled as ‘sustainable,’ green,’ or ‘ESG’ on Swiss financial markets will be required to align or contribute to specific sustainability goals, with providers required to disclose how they intend to achieve the goals, according to new proposed rules unveiled by the Swiss Federal Council.
This week in ESG news: European Commission proposes cutting emissions 90% by 2040, includes role for carbon credits in target; Microsoft signs new 1 million ton+ carbon removal deal; companies, investors campaign to keep EU sustainable reporting rules intact; JPMorgan tokenizes carbon credits; Nestlé scales program to boost cocoa supply chain sustainability; (..)
According to the FCA, the new rules come as investors increasingly seek investments with positive environmental and social impact, with global AUM in ESG-oriented funds anticipated to grow to $36 trillion by 2026, while around 70% of investors report lacking trust in the sustainability claims of investment products.
While the initial SDR was developed primarily for retail investors, the new proposal would extend the requirements to firms that manage a group of investments for consumers, with a focus on wealth management services for individuals and model portfolios for retail investors.
SustainableInvestment Forum, in a statement. vice-president and co-founder of sustainable asset firm Generation Investment Management. “But companies with business in Europe will be subject to the European rules when they go into effect between 2025 and 2029. The SEC estimates that 3,700 U.S.
The FCAs SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers.
Firms with assets under management greater than £50 billion would be required to begin providing product-level disclosures under the SDR from December 2025, and those with AUM greater than £5 billion from December 2026. Our good and poor practice anti-greenwashing examples will help firms market their products in the right way.”
Australian Taxonomy-linked sustainable bond guidance expected by early 2026 03 July 2025 The Australian Sustainable Finance Institute (ASFI) expects to publish dedicated guidance for using the Australian Sustainable Finance Taxonomy in labelled sustainable bond transactions by early 2026 at the latest.
The FCA’s SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers.
The FCAs SDR requirements were introduced by the regulator in November 2023 , aimed at helping investors assess the sustainability attributes of investment products, and to avoid greenwashing risk, to portfolio managers. billion sustainableinvestment mandate by UK wealth manager St.
Tim Nash, founder, Good Investing Morningstar says that after three years of high growth, managers are being more selective and tactical in their approach ahead of anti-greenwashing regulations in the United Kingdom and Europe. Retail investors push for green funds Its not all doom and gloom.
Nearly nine out of ten institutional investors globally report that they are not changing their commitments to sustainableinvesting, despite geopolitical pressures, although many are being quieter about it, according to a new survey by financial group BNP Paribas.
Drastic changes to the scope of sustainability reporting rules will limit investor access to comparable and reliable sustainability data, said Aleksandra Palinska, executive director at the European SustainableInvestment Forum, Europes umbrella network for sustainable finance, in a press release.
New nature legislation and updated modern slavery act are also key priorities ahead of 2025 federal elections. Investment in adaptation offers significant opportunities that are yet to be comprehensively tapped,” said Rena Pulido, Head of SustainableInvestment Australia at IFM Investors, a A$221.7 billion (US$143.3
It includes financial operators and other organizations interested in the environmental and social impact of investments. The Forum’s mission is to promote the knowledge and practice of sustainableinvesting, with the goal of spreading the inclusion of environmental, social and governance ( ESG ) criteria in financial products and processes.
Industry experts have warned that that the timeline for implementation of the UK Financial Conduct Authority’s (FCA) anti-greenwashing rule could be challenging for asset managers and other regulated firms. The post Tight Timeline for FCA Anti-greenwashing Rule appeared first on ESG Investor.
Two-thirds of funds in the EU labelled with sustainable or ESG-related terms may need to sell assets or change their names to align with new anti-greenwashing rules, with stock divestments of as much as $40 billion if all were to keep their names, according to a new report released by investment research firm Morningstar.
By: Priyanka Bawa , Senior Analyst in the Verdantix ESG & Sustainability practice Despite more net zero targets being set than ever before, and more science-based targets being used to back them, 2022 research from South Pole shows that one in four businesses do not intend to talk about their science-aligned climate targets.
The ruling comes as financial institutions and other companies increasingly face regulatory scrutiny over greenwashing concerns. Earlier this year, the CEO of Deutsche Bank’s investment arm DWS resigned after police raided the firms’ Frankfurt offices as part of an investigation into greenwashing allegations.
This week in ESG news: Microsoft signs record-breaking carbon removal deal; EY survey finds over half of CEOs say sustainability a higher priority vs one year ago; BCG sustainable aviation deal to cut 100,000 tons of emissions; ERM launches carbon credit consulting business; KKR & HASI launch $2 billion sustainable infrastructure investment partnership; (..)
Transition of Sustainable Finance Disclosure Regulation to a labelling regime will be ongoing and multi-faceted. Garrault highlighted discrepancies between SFDR and the EU Taxonomy, such as the former defining sustainableinvestments and the latter more specifically identifying environmentally sustainableinvestments.
The European Supervisory Authority (ESA) proposed creating two fund categories, one for sustainable funds and another for transition funds, while the European SustainableInvestment Forum (Eurosif) suggested introducing three categories. InfluenceMap also reported that Article 8 funds had cumulatively invested 43.8
Million to Improve Home Energy Efficiency SustainableInvesting Invesco Launches New Climate ETF with Record-Breaking $2.4 Million to Improve Home Energy Efficiency SustainableInvesting Invesco Launches New Climate ETF with Record-Breaking $2.4
The investment was announced with the Autumn Statement 2023 delivered by Chancellor of the Exchequer Jeremy Hunt, forming part of package of £4.5 billion to support strategic manufacturing sectors between 2025 – 2030, which also included £2 billion for zero emission investments in the automotive sector.
Difficulties in definition continue to thwart efforts to demonstrate the financial benefits of sustainableinvestments. Sustainable fund flows attracted US$37 billion of net new money in Q4 2022, with global sustainable fund assets reaching a total of US$2.5
But the FCA also needs time to craft the rules – a process which will kick off with a separate consultation in 2025. Meanwhile, the European Council adopted the bloc’s ESG ratings regulation – first proposed last year – on 19 November. It will formally pass into law in December and enter into force from June 2026.
Based on new underlying European Sustainability Reporting Standards (ESRS), the CSRD introduces more detailed reporting requirements on company impacts on the environment, human rights and social standards and sustainability-related risk.
Regulation is helping asset owners achieve their sustainableinvestment goals by driving corporate disclosures and honing ESG data quality, according to research from global index provider FTSE Russell.
We simply must invest in keeping forests standing. report clarified that, by 2025, at least 1 billion metric tons of the annual emissions reductions needed must come specifically from protecting tropical forests. To achieve this requires urgent, large-scale, and sustainedinvestment. A recent U.N.
Nicola Williams, Partner at Eversheds Sutherland, says the UK’s proposal to regulate ESG ratings could support transformative sustainabilityinvestments. This year, the ban was lifted following significant investment aimed at overhauling the sewerage system and constructing large rainwater retention basins.
In 2025 the EU Taxonomy will reach a milestone, marking the first full year of Taxonomy-alignment reporting for non-financial companies against its environmental objectives, alongside the first reports under the Corporate Sustainability Reporting Directive (CSRD) for the largest EU companies.
As soon as it’s released – which should happen in the next six months – developers will move quickly to finalize investment decisions. But developers who plan to start operating in 2025, including three hydrogen-based steelmaking projects, will need to reach a final investment decision in 2023 to start on time. million euros.
The fund is the Dutch asset manager’s first to be categorised under Article 9 of the EU Sustainable Finance Disclosure Regulation (SFDR), due to the specific sustainability characteristics lent by its SDG focus. This includes capturing the volumes of green, social, transition and sustainability bonds and sustainability-linked bonds.
At 28, Kurtis Layden, senior policy advisor in the Office of the Minister of Environment and Climate Change, has been a key advisor on the federal ban on some single-use plastics, taking effect in 2025. Once the ban takes effect in 2025, it could eliminate an estimated 1.3 million tonnes of plastic waste over the following decade.
. “Furthermore, even as organisations ramp up sustainability initiatives, consumers are more skeptical than ever about corporate sustainability, as more than half believe that organisations are greenwashing their sustainability initiatives, up from 33% in 2023.”
Asset managers require further support from the UK’s Financial Conduct Authority (FCA) to meet the Sustainability Disclosure Requirements’ (SDR) naming and marketing rules for green funds, despite recent flexibility. This means f und managers need to demonstrate that at least 70% of the fund’s assets support the selected strategy.
PS23/16 and GC23/03: UK sustainability disclosure rules and anti-greenwashing rules guidance issued 28 November, consisted of a framework for UK sustainability disclosure requirements (SDRs) and a labelling regime. specifically makes mention of “…developing a UK Green Taxonomy and consideration of nature-related disclosures”.
Based on the draft delegated acts, companies and financial market participants (FMPs) will have to disclose their Taxonomy-eligibility under the new activities in 2025 based on the reference period of fiscal year 2024.
Global ESG assets are on track to exceed US$53 trillion by 2025; more than one third of the US$140.5 ESG is clearly big business, but financial regulators are increasingly concerned that the rapid pace of investment is outstripping the capabilities of ratings and data providers. trillion in projected total assets under management.
The UN has been working on a global, legally-binding plastics treaty since 2022, which it hopes will come into force by mid-2025. The NGO estimates plastic use could triple by 2040. McBee said the launch of this new treaty would put more pressure on companies to act. But critics say these fall far short of what’s needed.
I don’t use the term “greenwashing” very often, because it often comes down to perceptions, but in this case, these firms’ sponsorships of SFOF certainly leaves doubt in my mind about their commitment to sustainableinvesting. The old paradigm is changing.
In addition, the lack of standards in this area increases the risk of ‘greenwashing’ or misallocation of assets and could lead to a lack of trust in ESG ratings or in the data products’ robustness or relevance. sustainability-related disclosures for asset managers, including ‘greenwashing’, and. IOSCO regulatory recommendations.
With 2024 rapidly drawing to a close, the attention of the ESG and sustainability world has shifted to what lies ahead for businesses, regulators, and governments in 2025. Our Top Stories in this issue focus on 2025 predictions for key climate and sustainability themes and trends. Email us at info@ga-institute.com.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content