ESG Today

NOVEMBER 28, 2023

Implementation timelines outlined in the new policy paper begin with the anti-greenwashing rule, which comes into effect at the end of May 2024, with firms allowed to begin using the labels at the end of July 2024, and naming and marketing rules coming into force in December 2024. Click here to access the new FCA policy statement.

Greenwashing 104

Greenwashing Sustainable Investment Social Sustainability Impact Investing 104

3BL Media

JANUARY 18, 2024

Originally published on bloomberg.com Green finance regulatory developments The 2023 United Nations Climate Change Conference (COP28) galvanized the energy around the global green finance agenda, setting the stage for a busy 2024 of green-related rulemaking and policy guidance for the financial services sector.

Green Bonds 147

Green Bonds Greenwashing Net Zero Climate Change 147

Chris Hall

DECEMBER 19, 2023

Responses to the European Commission’s Sustainable Finance Disclosure Regulation (SFDR) consultation largely support improved definitions for green funds but are split on whether to junk existing labels.

Sustainable Investment 61

Sustainable Investment Net Zero Greenwashing Green Investing 61

3BL Media

AUGUST 14, 2023

Wildcards: The wildcards category is open to any climate-tech innovation outside of the challenges listed above. BNEF helps corporate strategy, finance and policy professionals navigate change and generate opportunities. Explore more content on the BNEF blog.

Net Zero 130

Net Zero Decarbonize Climate Change Digitalization 130

ESG Today

JANUARY 19, 2024

According to the EBA, the new guidelines were developed in line with the regulator’s roadmap on sustainable finance.

Banking 109

Banking Divestment Development 109

3BL Media

APRIL 22, 2024

Two of the winners in this category have developed software to help streamline the design, permitting and grid connection bottlenecks associated with deploying clean power. We help commodity trading, corporate strategy, finance and policy professionals navigate change and generate opportunities.

Net Zero 147

Net Zero Decarbonize Waste Digitalization 147

Sphera

SEPTEMBER 14, 2022

Upcoming regulations, including the European Sustainability Reporting Standards under the Corporate Sustainability Reporting Directive (CSRD) , the Sustainable Finance Disclosure Regulation (SFDR) and climate-related disclosure requirements from the U.S. Financed emissions must be accounted for under Category 15 Investments.

Net Zero 96

Net Zero Decarbonize Banking Paris Agreement 96

ESG Today

SEPTEMBER 6, 2023

Financing activities typically accounts for the vast majority of financial institutions’ climate impact, with financed emissions often hundreds of times greater than operational emissions.

Net Zero 98

Net Zero Banking Climate Change Decarbonize 98

GreenBiz

NOVEMBER 24, 2020

Building on previous commitments that increase green investments or restrict financing to certain high-emitting activities, recent pledges add to growing evidence that banks are taking a more holistic approach to the climate emergency. What we have given the market is an ambition that our total financing by 2050 will be net zero.

Net Zero 428

Net Zero Banking Paris Agreement Decarbonize 428

3BL Media

JULY 28, 2023

NBK’s 2022 Sustainability Report summarizes the Bank’s material ESG/Sustainability-related issues, risks, and performance data, as well as our Group-wide ESG policies, strategy, and commitments, for the reporting period January 1 to December 31, 2022. Launched Electric Vehicle (EV) consumer loan.

Banking 130

Banking Net Zero Corporate Social Responsibility Green Bonds 130

3BL Media

DECEMBER 14, 2022

Direct Relief, one of the world's largest channels for humanitarian medical assistance to underserved communities and victims of disasters, ranks as the largest charity in the "International Needs" category, according to Forbes. In its fiscal year 2022, Direct Relief provided more than $2 billion in medical aid and $58.2

Manufacturing 130

Manufacturing 130

Chris Hall

OCTOBER 25, 2022

The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainable investments. The new greenwashing rules follow a period of climate policy uncertainty.

Greenwashing 98

Greenwashing Sustainable Investment Net Zero COP26 98

Chris Hall

NOVEMBER 16, 2023

Antonina Scheer, Research Project Manager at the Transition Pathway Initiative (TPI) Centre and one of the methodology note authors , told ESG Investor the “most significant” changes centred on an “in-depth reworking” of Pillar 3, which has been renamed ‘climate finance’ from ‘opportunities to finance the transition’.

Climate Change 57

Climate Change Net Zero Academics Banking 57

CREA

NOVEMBER 21, 2023

CanREA is pleased to see the Federal Government deliver on its promise of clear timelines, necessary tax measures and financing mechanisms that will help Canada remain competitive as we build the clean-energy projects that will power our economy,” said Vittoria Bellissimo, CanREA’s President and CEO.

Net Zero 64

Net Zero Clean Technology Banking 64

Chris Hall

APRIL 22, 2024

Only 43% percent of assessed firms had integrated climate change considerations into their investment policies. “Asset owners across Asia used to look at [sustainability] with a bit of scepticism, because they didn’t understand how it applied to them,” said Chow.

Net Zero 65

Net Zero Paris Agreement Sustainable Investment Climate Change 65

James Militzer

MAY 3, 2022

For businesses that are big enough to be listed on a stock exchange, for whom ESG disclosures are mandatory, adopting cleaner procurement policies (i.e., But for financial institutions, ESG consciousness boils down to adopting decision-making and underwriting principles for financing that are aligned with ESG guidelines.

Green Bonds 91

Green Bonds Banking Climate Change Corporate Social Responsibility 91

ESG Today

OCTOBER 23, 2023

The IFRS released the inaugural general sustainability (IFRS S1) and climate (IFRS S2) reporting standards in June 2023 , and in July, IOSCO, the leading international policy forum and standards setter for securities regulators called on regulators to incorporate the standards into their sustainability reporting regulatory frameworks.

COP26 97

COP26 Development Climate Change 97

3BL Media

JULY 17, 2023

Securities and Exchange Commission (SEC), the Municipal Securities Rulemaking Board (MSRB), the Public Company Accounting Oversight Board (PCAOB), the Commodity Futures Trading Commission (CFTC), the Federal Housing Finance Agency (FHFA), and the U.S. Department of the Treasury. The full methodology can be found here.

Climate Change 130

Climate Change Net Zero Banking Development 130

Chris Hall

JANUARY 23, 2022

Of the 919 classifications that were mapped to sub-sectors, groups and business activities, 904 will be categorised as green if certain prerequisites are met, while another 15 can be directly included in green category. One such policy incentive will be the implementation of lower risk weights for the financing of battery-based vehicles.

Greenwashing 52

Greenwashing Banking Digital Transformation Development 52

Chris Hall

DECEMBER 4, 2023

The Monetary Authority of Singapore (MAS) has launched the Singapore-Asia Taxonomy for Sustainable Finance, which sets out detailed thresholds and criteria for defining green and transition activities that contribute to climate change mitigation across eight focus sectors. It also provides case studies on financing mechanisms.

Net Zero 57

Net Zero Green Bonds Banking Climate Positive 57

Chris Hall

NOVEMBER 15, 2023

Industry experts have stressed the need for simplicity and clarity around Europe’s ESG fund labelling, as the European Commission’s Sustainable Finance Disclosure Regulation (SFDR) consultation deadline looms. The SDRs were due to be introduced on 30 June, but following various delays are now expected in H2 2024.

Sustainable Investment 57

Sustainable Investment Greenwashing Paris Agreement Development 57

GreenBiz

APRIL 13, 2021

Public equity asset managers drive what kinds of companies are valuable and thus have the capital to grow, to what industries retirement savings flow by default and what companies can achieve a scale that affords them outsized political and policy influence. Finance & Investing. To add to the list, please fill out this form.

Climate Change 524

Climate Change Development 524

Corporate Knights

MARCH 1, 2022

The problem goes beyond simply financing the construction of new gas projects and buying shares of gas producers. The OTPP is unique among Canada’s pension funds in that it dedicates an entire reporting category of its infrastructure portfolio to “gas transmission and distribution,” valued at nearly $2 billion as of December 31, 2020.

Net Zero 283

Net Zero Climate Change Supply Chains Supply Chain 283

Chris Hall

NOVEMBER 10, 2023

Particularly timely is the release of its new ‘too-little-too-late’ scenario, which illustrates the adverse consequences of delayed and divergent climate policy ambitions globally, in which countries with net zero targets achieve them only partially (80%), while other countries follow current policies. C goalposts ).

Net Zero 74

Net Zero Development Sustainable Investment 74

ESG Today

NOVEMBER 16, 2022

Companies covered by the rules would be required to provide sustainability reporting on their strategies and business models, governance and organization, materiality assessments of sustainability impacts, opportunities and risks, as well as policies, targets, action plans and performance.

Climate Change 136

Climate Change Development 136

Stanford Social Innovation

FEBRUARY 8, 2024

While immigration policies have prioritized high levels of education or family ties—and the political conversation tends to presume a basic scarcity of jobs—critical jobs in construction, agriculture, hospitality, and the care economy, including elderly care, cannot be automated. Extending finance to unlock resource barriers.

Development 120

Development Climate Change Banking 120

3BL Media

JULY 7, 2023

Fifth Third’s 2022 Sustainability Report spotlights the following categories: ■ Customers: Fifth Third pairs a commitment to outstanding customer service with innovative and inclusive products and services that benefit lives and improve businesses. It’s now over 27% toward that goal.

Banking 130

Banking Climate Change Development 130

3BL Media

JUNE 30, 2023

Fifth Third’s 2022 Sustainability Report spotlights the following categories: Customers: Fifth Third pairs a commitment to outstanding customer service with innovative and inclusive products and services that benefit lives and improve businesses. We also transitioned to a new flexible PTO policy, which includes paid time off for volunteering.

Banking 130

Banking Climate Change Development 130

3BL Media

JULY 5, 2022

Simpson also brings experience in the international regulatory and policy arena. Simpson was recently appointed a Visiting Fellow at Oxford University by the Chancellor and teaches at University of California, Berkeley Haas Business School as a Lecturer in Sustainable and Impact Finance. She served on the U.S.

Sustainable Investment 244

Sustainable Investment Banking Development 244

3BL Media

OCTOBER 13, 2023

flooding, heatwaves), shifting weather patterns, changing land suitability Limited climate policies / carbon pricing Middle of the road, +2℃ Assumes the world does not rapidly shift from present day social, economic, and political trends. Severe impacts of extreme weather events worldwide (e.g. C above pre-industrial levels.

Climate Change 147

Climate Change Supply Chains Supply Chain Global Economy 147

Chris Hall

OCTOBER 10, 2022

Investment managers can expect to be grilled in future by their clients on a widening range of ESG topics from public policy engagement to work towards the UN’s Sustainable Development Goals (SDGs), according to behavioural benchmark company Accomplish. At the top end of the scale, the eighth category is called ‘we want to do it our way’.

Sustainable Investment 52

Sustainable Investment Stranded Assets Negative Screening Divestment 52

ESG Today

MARCH 8, 2023

The new climate-related reporting requirements for Canadian financial institutions cover disclosure categories including governance, strategy, risk management, and metrics & targets. OSFI said that it conducted one of the most extensive consultations in its history before releasing the guidance, with over 4,300 submissions received.

Banking 93

Banking Net Zero 93

B the Change

SEPTEMBER 2, 2022

To gauge their social and environmental impact and measure their progress, B Corps complete the The B Impact Assessment also sets apart the Best for the World B Corps: those B Corps that rank in the top 5% of all companies in their size group for the five categories. This comprehensive series of questions across five categories?—?governance,

Banking 81

Banking Development 81

Chris Hall

OCTOBER 5, 2023

Proposals by the UK’s Financial Conduct Authority (FCA) aimed at encouraging listed companies to make more informative forward-looking statements in their prospectuses could lead to a “proliferation in negligent greenwashing” , litigation finance provider Woodsford has warned.

Greenwashing 52

Greenwashing 52

Chris Hall

OCTOBER 26, 2022

Transition finance isn’t easy, but investors, industry bodies and governments are preparing the ground. . Fifty-two percent said they believe that transition finance is a major commercial opportunity for asset owners, with 60% expecting transition finance to grow rapidly over the next three years. .

Net Zero 52

Net Zero Sustainable Investment Greenwashing Chief Sustainability Officer 52

Chris Hall

NOVEMBER 16, 2022

Obtaining a more granular understanding of greenwashing will help inform policy-making and supervision and will help foster the reliability of sustainability-related claims,” they said. . They are expected to provide a progress report within 12 months and submit any final reports by 2024. . More time needed .

Greenwashing 52

Greenwashing Principal Adverse Impact Indicators Sustainable Investment Banking 52

Chris Hall

NOVEMBER 29, 2023

First outlined in the UK government’s ‘ Greening Finance: A Roadmap to Sustainable Investing ’ report in 2021, the much-delayed SDR package of measures aims to combat greenwashing in investment managers’ products for retail and institutional clients.

Greenwashing 77

Greenwashing Net Zero Development Impact Investing 77