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Moody’s Predicts $1 Trillion Sustainable Bond Market in 2025 Despite Political Headwinds

ESG Today

Global issuance of labelled sustainable bonds including green, social, sustainability, sustainability-linked, and transition bonds is anticipated to again reach around $1 trillion in 2025, according to a new forecast released by Moodys Ratings, as headwinds including political changes from the new U.S.

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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

Adopted in 2021 and coming into effect for the 2024 financial year, the CSRD is the regulatory framework requiring firms to file social and environmental data and impact reports. Here are the main rollbacks proposed in the initial package. But Maria van der Heide, head of EU policy at ShareAction, a U.K.-based

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Morningstar Sustainalytics Launches Solutions to Support CSRD, EU Taxonomy Compliance and Reporting

ESG Today

The CSRD took effect from the beginning of 2024 for large companies, with the first reports to be issued in 2025, followed by smaller companies in subsequent years. The new solution from Sustainalytics provides data and screening tools to support alignment and customize exclusions for compliance with the new rules.

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Banks Must Radically Change Climate Perspective

Chris Hall

It will also intensify its work on the effects of transition funding, green investment needs and transition plans, exploring the case for further changes to its monetary policy instruments and portfolios. These announcements followed the ECB’s third assessment of European banks’ progress on the disclosure of climate and environmental risks.

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Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

The EU Green Taxonomy was designed to accelerate the flow of money into green companies and projects, while simultaneously protecting investors from greenwashing accusations. The CSRD has already been adopted and will kick in from reporting year 2024.

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UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

Levick also noted that the taxonomy could be employed via initiatives such as a net zero test, which the UK might apply to all its public investment decisions, utilising the taxonomy to evaluate whether investments align with the its definition of ‘green’.

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FCA Challenged on Backdoor for Fossil Fuel Firms

Chris Hall

The proposed labels are expected to apply from 2024. Pushing for interoperability Although the FCA labels will help to set clear parameters for sustainable funds, the regulator’s proposed labelling scheme “does not define what is or is not a green investment”, Levick said.