Sustainability – Page 9
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News
ISSB’s digital taxonomy to help investors assess sustainability disclosures
The ISSB Taxonomy will enable investors to search, extract and compare sustainability-related financial disclosures as ISSB establishes its global baseline of standards
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Analysis
Small island states turn to institutional investors to protect oceans
Small island developing states may have a total population of only around 65 million, but through their exclusive economic zones they control about 30% of oceans and seas, according to the International Institute for Sustainable Development (IISD).
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Asset Class Reports
The quest for innovation in sustainable fixed income
Japan’s climate transition bond is the latest in a string of innovative developments in sustainable fixed income
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Asset Class Reports
Closing the data gap in green, social and sustainability-linked bonds
Luxembourg’s bourse has capitalised on its experience as a green bond hub
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Asset Class Reports
Green bonds reach escape velocity
The green bond market looks set to grow further, despite pressure from many sides and key questions over their function
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Opinion Pieces
Striking the right balance on pension funds and fiduciary duty
Pension fund investment principles, strategies and decision-making have all become more complex in the wake of the growth of sustainability factors in general and climate change in particular. This has made the interpretation and practice of trustee ‘fiduciary duties’ more vexed and challenging than ever. A recent review of fiduciary duties in the UK by the Financial Markets Law Committee (FMLC) put it this way: “It is sometimes easier to state the duties than it is to apply them.”
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Opinion Pieces
Bond markets look set to become the new stewardship powerbroking arena
Investors in bond markets are starting to assume a more powerful position than equity investors to influence companies and countries. Innovation is sweeping through bond markets with the introduction of specific ‘use of proceeds’ bonds and sustainability-linked bonds.
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Interviews
Sweden’s AP3 pension fund and its quest for alpha
Jonas Thulin, recently appointed CIO of Sweden’s Tredje AP-Fonden (AP3), talks to Carlo Svaluto Moreolo about his approach to asset allocation and portfolio management
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News
Enel KPI miss ‘a watershed moment’ for sustainability-linked bond market
Price reaction was swift, with the affected SLBs outperforming unaffected Enel instruments by 0.59% on average
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News
Article 9 funds outflows continue amid ongoing regulatory uncertainty
Flows into Article 8 funds rebounded after three quarters of outflows
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News
ISSB to tackle biodiversity reporting, human capital disclosures
Chair Emmanuel Faber says the board’s focus remains on the informational needs of investors and the allocation of capital
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News
IASB to consult on accounting for climate-commitments
The board agreed to issue the proposed guidance, which is subject to drafting changes, on a 120-day comment period
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Analysis
Corporate Sustainability Due Diligence Directive final text gets green light
MEPs have now signed-off on an agreement which means the law will only apply to very large companies
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News
Ethos expects UBS to tighten lending policy for high emission sectors
The foundation is asking UBS to phase out from high emission sectors such as thermal coal
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News
Mandate nature transition plans, finance sector urges governments
Although climate transition plans must incorporate nature, there is a specific need for dedicated nature transition plans
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News
Time for SBTi to stand aside, says Allianz SI head amid offsets fallout
Science Based Targets initiative (SBTi) caused an uproar earlier this month with an announcement about allowing companies to use ‘environmental attribute certificates’ to abate certain Scope 3 emissions
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News
Sweden’s AP4 eyes biomaterials investment following green analysis
Buffer fund says still focused on wind and solar power, but has also identified ‘interesting areas to monitor going forward’
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News
Asset owner project for SDGs expands to private markets
Sustainable Development Investments Asset Owner Platform launches a template to help assess impact of unlisted portfolios
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News
Ethos finds shortfalls in Nestlé’s sustainability report
The company is failing to disclose sufficient detail in particular on Scope 3 emissions
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News
PRI publishes guide on nature for asset owners
The guide aims to align investor action with the goals and targets of the Kunming-Montreal Global Biodiversity Framework