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Global ESG assets drop 14% as industry tightens grip on sustainability claims

Corporate Knights

The Global Sustainable Investment Alliance (GSIA), the worldwide umbrella organization for green investing, has adopted a new, more rigorous definition of sustainable investing, drawing a clearer line between sustainable and conventional investment. where the tighter definitions have been felt most. “We

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Canadian pension funds are starting to embrace the green transition

Corporate Knights

Since there is still no Canadian standard for determining the true sustainability of any investment, companies can make all the claims they like. The goal of the Canadian Pensions Dashboard for Responsible Investing isn’t just to rate the pension industry’s progress – but to spur progress, says Malinsky.

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Support Emerges for Streamlining EU Taxonomy

Chris Hall

There is definitely scope for simplifying the taxonomy and reducing the data requirements, thereby improving comparability, and hopefully allowing for these datasets to be used as a more effective basis for investment decisions, Simone Ruiz-Vergote, Global Head of ESG and Climate Regulatory Solutions at MSCI, told ESG Investor.

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MetLife 2022 Sustainability Report: Creating Value as an Investor

3BL Media

1 Represents responsible investments managed by MIM at estimated fair value as of December 31, 2022. 2 For definitions of responsible investments, impact investments and green investments, please see pages 96 and 97 of the Sustainability Report PDF. 3 Annual investments in 2022.

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260-MW Brazoria West solar project in Texas acquired by S&B USA

Renewable Energy World

S&B USA (previously Shikun and Binui America) has signed a definitive agreement to acquire 100% of Brazoria West Solar Project with 260 megawatts (MWdc) (200 MWac) of planned solar energy capacity from Savion, part of Macquarie’s Green Investment Group.

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EC Leaning Toward New SFDR Categories

Chris Hall

Investors have been in limbo for six months about the future of the regulation, which provides guidelines on the disclosures required of green investment vehicles.

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

ESG Today

In ESMA’s new report, the regulator noted that while a clear framework or definition for transition funds does not yet exist, these funds already appear to be taking a homogeneous investment approach, with a much higher degree of similarity relative to green funds.