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Proposed EU Financial Services Commissioner to Push for Sustainable Investment Product Labels, Reduced Reporting Burdens

ESG Today

In its review, however, the Commission expressed concern that the Article 8 and 9 classifications were being used as de-facto sustainability quality labels, raising potential greenwashing risks. That is why if I am confirmed, I will look into the possibility of creating a proper labelling system.”

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SFDR: Market Divided on Future of Article 8, 9 Funds

Chris Hall

Market participants flag importance of double materiality to enhance Article 8/9 definition alignment, stress need to recognise transition strategies. Risk of uncertainty French asset manager Mirova’s response said the current definition of Article 8 products is “too broad”, while the definition of Article 9 is “too narrow”.

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HSBC, IFC Launch SDG-Focused Emerging Markets Sustainable Corporate Bond Fund

ESG Today

The agreement marks a continued collaboration between HSBC and IFC, following the previous joint launch of the HSBC Real Economy Green Investment Opportunity GEM Bond Fund (REGIO), which reached investor commitments of nearly $540 million at final close in 2022.

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How the US Is Running Away with Green Investment

Chris Hall

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 sustainable investment. The UK, meanwhile, is trailing behind in terms of green investment.

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How Millennials Can Make an Impact With Their Money

3BL Media

According to a 2021 survey by Morgan Stanley, 99 percent of millennials surveyed were interested in sustainable investing, an all-time high. Interest in sustainability persisted despite the COVID-19 pandemic and climate change is the key focus. Read Lana's full article here - [link]. Here's how. .

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Investment Flows into Transition-Focused Funds Doubles Green Funds: ESMA

ESG Today

In its semi-annual Trends, Risks and Vulnerabilities (TRV) report, ESMA notes the need for “significant public and private sector financing” to achieve the EU Green Deal objectives and support the green transformation of the economy. leading to increasing caution towards ESG investing and shareholder engagement.

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ING’s SDG Fund Champions “Impactful” Investment

Chris Hall

Dutch firm’s fifth impact-focused investment strategy launches amid continued demand for Article 9 funds. ING Asset Management’s new SDG Impact Strategy will provide clients with exposure to companies that contribute specifically to the 17 UN Sustainable Development Goals (SDGs), responding to strong demand for ‘dark greeninvestments.