ESG Today

JULY 10, 2022

ECB Climate Stress Test: Banks are Overexposed, Underprepared for Climate Risk. European Lawmakers Defeat Move to Keep Nuclear and Gas out of Green Investment Taxonomy. K2 Launches ESG Certification for Fund Managers to Tackle Greenwashing Risk. HKEX Forms Council to Launch International Carbon Market.

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James Militzer

MAY 19, 2022

Meanwhile, most people – 79% overall and 90% of investors under age 45 – say they want to invest in socially and environmentally friendly ways. Even if they’re not actively greenwashing, most companies don’t publish information about their emissions or other environmental impacts. And more importantly, what can we do to bridge it?

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Chris Hall

MAY 17, 2024

European regulators have ratcheted up efforts to eliminate greenwashing from the investment sector. End of an era I – The fight against greenwashing inched ahead with the release of final guidelines for naming ESG- or sustainability-related funds by the European Securities and Markets Authority (ESMA).

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Chris Hall

FEBRUARY 2, 2024

Many of the difficulties stem from how multilateral development banks (MDBs) operate and interact with the private sector, but one channel for private investment flows was also flagged as problematic this week. Perhaps more significant was the African Development Bank’s US$750 million issuance, which attracted 275 investors.

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Chris Hall

SEPTEMBER 22, 2023

There is no shortage of reference frameworks for keeping finance sector firms on a straight and narrow path to net zero; and some might raise an eyebrow at guidance from a country that has done more than most to undermine the collaborative decarbonisation efforts of banks , insurers and investors. What’s in a name?

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Chris Hall

SEPTEMBER 11, 2023

“Our recommendations aim to align these objectives with government policy, tracking progress, consumer protection, national and local actions, private sector engagement, and international efforts,” she said. “By carefully considering these aspects, the UK can harness the power of its taxonomy to drive sustainable and green investments while preventing (..)

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Chris Hall

DECEMBER 9, 2022

A key amendment requires 100% of the proceeds to fund green projects, instead of 50-70% previously. This is a big step for foreign investors who are eager to invest in China’s domestic green bond market but have concerns about greenwashing—inadvertently buying ‘green’ bonds that, in fact, support non-green projects.

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We Mean Business Coalition

AUGUST 23, 2023

The EU Green Taxonomy was designed to accelerate the flow of money into green companies and projects, while simultaneously protecting investors from greenwashing accusations. However, to know the share of their loans, which are covered by the Taxonomy, they must wait for the Taxonomy reporting from the non-financial companies.

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Chris Hall

OCTOBER 18, 2024

Green bonds are structurally no different to conventional bonds under the same class (with the same ranking, covenants and security package among all creditors in the case of distress). For example, in a comprehensive global green bond index , 92.0% are investment grade (4.5% are rated non-investment grade and 3.5%

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Chris Hall

JUNE 8, 2023

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 green’ investments. billion from January to April.

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Corporate Knights

JANUARY 3, 2023

This surrender was part of a wider pullback, as banks, investment funds and asset owners axed billions of dollars from sustainable investment funds and reined in marketing excesses. North American banks dug in on fossil fuels and pressured GFANZ to capitulate. What caused this turnaround? Canadian and U.S. In the U.S.,

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Chris Hall

MARCH 29, 2023

The world cannot win the fight against climate change without China successfully transitioning to a low-carbon economy, with it accounting for 27% of global carbon dioxide and a third of the world’s greenhouse gases, according to the World Bank. trillion (US$3.57 trillion) growing from RMB 18.4 trillion in 2021.

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Chris Hall

NOVEMBER 23, 2022

The IPG’s initial commitment of US$10 billion in public finance will be matched via a Glasgow Financial Alliance for Net Zero (GFANZ) working group, including Bank of America, Standard Chartered and Macquarie. . Announced by Guterres in Glasgow, the UN High-Level Expert Group on the Net Zero Emissions Commitments of Non-State Entities?

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Corporate Knights

JANUARY 2, 2025

Aconsequence of this pushback came on New Years Eve, when global financial behemoths Bank of America and Citigroup left the Net-Zero Banking Alliance, one of the investment industry climate coalitions championed by the United Nations. What does this mean for the year ahead?

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Chris Hall

JANUARY 29, 2025

While the intention of the EUGBS is to improve standards and reduce the risk of greenwashing is admirable, the reality is its limited scope, he adds. Tatjana Greil-Castro, Co-head of Public Markets at asset manager Muzinich, notes there are only so many green investments that companies can do in a year.

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