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Shilpa Tiwari is executive vice-president of social impact and sustainability at Citizen Relations and the founder of Her Climb. In 2015, the United Nations established the SustainableDevelopment Goals (SDGs) – a blueprint of 17 ways to make the world a more just, inclusive and sustainable place.
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.
Sustainableinvestment opportunities and risks are slowly beginning to emerge as Europe outlines its plans to rearm. But some called for a more fundamental reboot of investment in European innovation especially in clean technologies to pursue trajectories that are compatible with its climate transition targets.
Industry experts suggest UK requirements would need to be finalised and in effect from mid-2026. The draft legislation proposed by HM Treasury is a response to investor concerns over the quality, transparency and comparability of the ESG ratings they use to inform investment decisions. “It
Quantum computing technology company Riverlane announced today that it has raised $75 million in a Series C funding round led by Article 9 growth equity sustainableinvestment platform Planet First Partners, with proceeds aimed at helping the company meet “surging global demand” for quantum error correction (QEC) technology.
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. Click here to access the proposal to extend the SDR to portfolio managers.
In February, sector-specific disclosure rules were pushed back by two years to 30 June 2026 by the European Parliament and Council to give companies more time to prepare for the first set of European Sustainability Reporting Standards. Both the CSRD and CSDDD have already been watered down, dampening their usefulness for investors.
Battery manufacturer Northvolt announced plans to build a new gigafactory near Montreal, Canada, with investment in the first phase of the project to begin operations in 2026 anticipated to reach US$5 billion. The company said that the project is being developed with support from the Governments of Canada and Quebec.
The SBTi develops standards, tools and guidance to help companies and financial institutions to set greenhouse gas (GHG) emissions reduction targets in line with climate science and the goals of the Paris Agreement. It will then be pilot tested ahead of its a planned publication of the finalised CNZS in 2026.
Renewables Developer Avantus Renovare Raising $7.5 Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5 Billion From BlackRock Over ESG Investing BlackRock Calls Texas Decision to Divest $8.5 Million to Turn Landfill Waste into Renewable Biofuels ESG Investing Texas Pulls $8.5
Issues flagged by the regulators included the need to maintain consistency with other global sustainability reporting standards, and improved definitions to help reporters assess materiality. Overall, the ESAs were broadly supportive of the standards, with ESMA Chair Verena Ross calling EFRAG’s development of the ESRS “A major achievement.”
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 trillion by 2026, up from US$18.4 trillion in 2021.
For small- and medium-sized enterprises (SMEs), the PSF has also developed simpler voluntary approaches to ease the compliance burden. The ambitious goal is to adopt these changes before the next wave of reports due in 2026. The PSF proposed allowing entities to use proxies and estimates where necessary.
The asset manager’s sustainableinvestment engagements typically run for three-year periods, with engagement specialists in contact with selected investee companies to track progress against objectives. According to Robeco, each of its engagement topics were selected following consultation with clients.
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. degree celsius (1.5°C)
Were working with a few potential providers for VAS 2026, which will benchmark the quality of narrative reporting, he says. A consensus has developed around improving enforcement and creating mandatory obligations to file annual statements with a central government registry.
ESMA has now declared that era to be over, with new guidelines and thresholds including a minimum of 80% of investments to meet funds’ environmental or social characteristics, or sustainableinvestment objectives.
Follow that – ExxonMobil’s decision to sue two shareholders sent ripples across the sustainableinvestment pond, ahead of another fractious annual general meeting (AGM) season. This week, ExxonMobil weren’t the only ones consulting their lawyers on ESG-related matters.
For existing funds, the draft protocol asks Alliance members to phase in a systematic engagement approach with their external asset managers on carbon reporting and net zero targets throughout 2025, reporting on these engagement actions in 2026 and disclosing their full coverage of carbon data, explaining any gaps.
Hosted on GIIN’s impact management platform IRIS+ , the beta Financial Inclusion Impact Performance Benchmark aims to provide data across a set of KPIs to assess financial opportunities, resilience and economic development within the financial services sector. billion in 2026. . universal access to clean water). .
Asset managers and owners are advised to establish initiation targets by 2026 and sectoral, engagement, and portfolio targets by 2030 or earlier. “We hope this framework will help our signatories and other investors to set nature targets,” added de Horde. trillion in AUM.
According to energy regulator Ofgem , as of last year, 220 projects awaiting connection to the grid by 2026 – with only half of them having obtained the required planning permission and start dates being pushed back by up to 14 years in some cases. He pointed to the many solar grid delays that have hindered progress.
According to the World Bank , daily per capita waste in developed markets is expected to increase by 19% by 2050,” Stefanie Mollin, Global Equities Portfolio Manager at GIB Asset Management (GIB AM), a UK-based boutique with US$6 billion in AUM, told ESG Investor. billion tonnes. The economic cost is also substantial.
This achievement was one of several high points in the pension fund’s 2023 sustainableinvesting (SI) report , published in April. It has dedicated a C$2 billion envelope to sustainable land management in forest and agricultural land sectors by 2026. Additionally, we don’t have any such data on private assets.
Moving forward, companies will have to report on their alignment to the new activities starting in 2025, while FMPs will need to disclose in 2026. Considering that aviation is one of the largest contributors to carbon emissions, developing a common lexicon to describe and encourage sustainableinvestments is critical.
The vital and expanding role of stewardship in reaching sustainableinvestment goals is prompting a step change in the technology deployed to support it. A revised version of the code is due to published during Q1 2025, with a likely effective date in January 2026, having been last revised in 2019. trillion in AUM.
ESG Investor’s weekly round-up of news about funds designed to meet sustainableinvesting criteria, including Robeco, CFSL, abrdn, UKIB, Octopus Investments, Downing, KGAL, and Guy’s and St Thomas’ Foundation. Dutch asset manager Robeco has launched a new bond strategy that will invest in diversified Asian fixed income.
The SCF intends to shield vulnerable households, micro-enterprises and transport users from energy price spikes driven by ETS 2 through the mobilisation of €87 billion between 2026-32, predominantly financed by revenues generated by the ETS, with 25% of the funding supplied by member states. .
C. “We think that our strategy is aligned with societal priorities and it’s realistic and consistent with a just transition.” “We want to continue to invest in the economy and minimise the disruptions that climate change is going to cause,” Baker said. “It’s
With the looming Paris Agreement goal of reducing greenhouse gas emissions by at least 43% by 2030, nations are adopting different approaches to stimulating their green economy and encouraging sustainableinvestment.
ESG Investor’s weekly round-up of moves and appointments in the sustainableinvesting sector, including Aviva Investors, T Rowe Price, EQT, Nuveen, M&G, ICI Global and SBTi. Sam Tripuraneni has been appointed Head of Sustainable Outcomes at UK-based global asset manager Aviva Investors.
ESG Investor’s weekly round-up of news on technology and tools in the sustainableinvesting sector, including ISS ESG, MSCI, Persefoni, PwC, Workiva, 9fin, Sphera, and Liquidnet. . In addition, it aims to aid investors in their measurement of their investment portfolios’ biodiversity-related impacts.
The report recommended that the remit of the FRC be extended to develop and encourage best practice stewardship of UK listed companies and their institutional investors – eventually leading to the creation of the Stewardship Code, which was subsequently updated in 2012 and in 2020.
Louis Bromfield, Lead SustainableInvestment Associate at Foresight Capital Management, says that investors need to pay attention to SAFs, with aviation representing “one of the most difficult sectors to decarbonise”. Tailwind for investors In recent years, SAF initiatives have proliferated.
Policy action is already taking shape, with the EU’s Artificial Intelligence Act followed this week by the G7 Code of Conduct and an executive order from US President Joe Biden setting out standards for AI safety and requirements for developers and users of AI systems.
As we look ahead, Novata checked in with our Board of Directors and Sustainability Advisory Board for their views on what to expect in 2025. However, I see this as a pivotal opportunity for sustainability-minded investors to prove the thesis that sustainableinvesting is just good investing.
Instead, the UK is looking to align domestic ESG regulation with developing international standards. International and EU standards The UK government is seeking to ensure its ESG regulatory regime (and regulation of rating agencies) is not an outlier or one that seeks to set a ‘gold standard.
“It’s an unparalleled and historic piece of climate legislation that’s likely to be a significant catalyst for driving investment into the country’s [net zero] transition for years to come,” says Nikita Singhal, Co-Head of SustainableInvestment and ESG at Lazard Asset Management. gigawatts (GW) by 2024.
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