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U.S. SEC waters down its climate reporting rule under legal threats 

Corporate Knights

Sustainable Investment Forum, in a statement. Smaller companies will start reporting in 2028. vice-president and co-founder of sustainable asset firm Generation Investment Management. “But

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To boost competitiveness, Europe proposes slashing key climate rules

Corporate Knights

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 Sustainable Investment Forum, Europes umbrella network for sustainable finance, in a press release.

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Five Takeaways From Climate Week NYC 2024

3BL Media

When it comes to investing, sustainable investment funds grew 15% last year , and more than half of investors plan to boost sustainable investments in the coming year. Forbes estimates that AI will double the demand for data center energy consumption by 2028 in an already energy-stressed world.

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Double Materiality Avoids Omnibus Chop

Chris Hall

The reliability and the availability of the sustainability data will be drastically reduced. The European Sustainable Investment Forum (Eurosif) also warned that the amendments to CSRD, including its reduced scope, will weaken EU sustainability disclosures and undermine legal certainty for investors and businesses.

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Robeco to Target Sustainable Fashion, Ocean & Climate Sustainability, ‘Forever Chemicals’ in Corporate Engagements

ESG Today

The asset manager’s sustainable investment 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.

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Net Zero for EU Real Estate Hinges on EPBD

Chris Hall

Parliament took a more ambitious stance overall, determining that all new buildings should be zero-emission from 2028 and existing buildings would need to achieve climate neutrality by 2050.

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Industry Split on SFDR Outcome

Chris Hall

But many respondents – including Eurosif – find it insufficiently clear in defining key terms and acknowledge it is used as a de facto labelling regime.” French asset manager Mirova’s response to the commission’s consultation suggested the current definition of Article 8 products was too broad, and the Article 9 definition was “too narrow”.