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EC Leaning Toward New SFDR Categories

Chris Hall

The European Commissions DG FISMA has emphasised the merits of replacing the Sustainable Finance Disclosure Regulations (SFDR) existing Article 8 and Article 9 labels with formal categories based on clearer criteria. InfluenceMap also reported that Article 8 funds had cumulatively invested 43.8

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Study of EU 100 largest companies shows streamlining and precision needed for optimal EU Green Taxonomy

We Mean Business Coalition

The EU Green Taxonomy is one of the cornerstones of the EU Action Plan on financing sustainable growth and is also the foundation of many other pieces of legislation currently being implemented. This consistency fosters transparent reporting practices. Striking the right balance between robustness and simplicity is crucial.

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Hurdles to Growth of Green Islamic Finance

Chris Hall

The working group noted that there was an opportunity for growth in Islamic green investment due to the rising demand for ESG investments from institutional investors as they progressively integrate ESG criteria in their investment mandates. Extra layer of governance.

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

Corporate Knights

As the COP28 meeting begins and the world looks to the financial sector to step up on the climate crisis, the global sustainable investment industry is finally coming to grips with allegations of greenwashing that have plagued it for years. Sustainable Investment Forum (U.S. trillion. “We Maria Lettini, CEO of the U.S.

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Feds roll out climate requirements for companies that receive big government contracts

Corporate Knights

A European green taxonomy The European Union has produced a green taxonomy that mostly excludes fossil fuel projects from the sustainability label, though it controversially includes some natural gas uses and nuclear as “sustainableinvestments.

Net Zero 322
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Hari Balasubramanian on Investor Interest in Nature-based Solutions

3BL Media

“Your fiduciary responsibility as an investor needs to account for nature, otherwise you’re not recognizing the underlying value and you’re not understanding the material financial risks associated with your investment decisions,” he says. Lack of investment options. Prime ingredients for value creation.”.

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

Chris Hall

Article 8 funds promote “environmental and/or social characteristics”, while Article 9 refers to products that have a sustainable investment objective; all holdings within a fund must be sustainable investments that meet the standard of “do no significant harm”.