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Investors, Banks Push Back on EU Plan to Ease Sustainability Reporting Rules

ESG Today

The statement said: “The proposed approach would limit investor access to the consistent, comparable and reliable information needed to inform decisions and allocate capital in line with sustainability goals, including those of the European Green Deal, the EU Biodiversity Strategy for 2030 and the EU Climate Law.”

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Major investor alliance working to clean up greenwash lurking in ESG

Corporate Knights

In response to accusations of greenwashing and growing regulatory scrutiny, a group of high-powered financial networks is working to standardize the often-opaque jargon of the responsible investing industry. In the beginning, most banks and large money management firms didn’t pay much attention. In the U.S.,

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Sustainable Infrastructure-Focused Generate Capital Appoints William Sonneborn as New President

ESG Today

Sustainable infrastructure investor and operator company Generate Capital announced the appointment of William (Bill) Sonneborn as President. billion in investments. The chance to capitalize upon that foundation and to expand Generate’s reach is tremendously compelling.”

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The Future of the CSO - APAC | UOB | Episode 1

3BL Media

As the CSO for one of the world's top banks, Eric leads a dedicated Corporate Sustainability Office and focuses on achieving the Bank’s sustainability objectives of helping businesses to advance responsibly, steering consumer wealth to sustainable investments, and fostering social inclusiveness and environmental well-being.

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EU Regulators Welcome, Critique New European Sustainability Reporting Standards

ESG Today

In their opinions, the ESAs, which include The European Banking Authority (EBA), The European Insurance and Occupational Pensions Authority (EIOPA), and The European Securities and Markets Authority (ESMA), each broadly supported the standards, while highlighting several areas of improvement for the European Commissions to consider.

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This Week’s People Moves: SBTi Appoints First CEO

Chris Hall

ESG Investor’s weekly round-up of new hires in the sustainable investing sector, including Science Based Targets initiative , Chronos Sustainability, WTW, Aviva and Actis. Hollis previously led the company’s Traditional Credit research team, having joined WTW in September 2014 as a Manager Researcher in the fixed-income team.

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Financing Women- Owned or -Led SMEs for Sustainable Growth: Navigating Capital Supply Side Challenges in Africa

James Militzer

A 2014 study found that investors were over twice as likely to fund the exact same startup if the pitch was delivered to them by a male founder rather than a female founder. For instance, in 2022 KCB Bank Kenya announced the creation of a KShs 250 billion (US $1.65 Take the question of bias. Photo courtesy of UN Women Africa.

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