Elevated risk due to misalignment of bank financing

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The majority of banks making euro area loans are substantially misaligned with the goals of the Paris Agreement according to research from the European...

Only a fifth of ManCos comply with PAI statement disclosures

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Only 21.6% of European investment management firms have issued a publicly accessible Principal Adverse Impact (PAI) statement, according to the report - Principal Adverse...

Asset managers still falling short on ESG promises

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Only eight global asset managers out of 97 have met Morningstar’s highest environment, social and governance (ESG) commitment level rating in its latest analysis. The Morningstar...

AXA IM appoints Thomas Coudert as head of sustainability, Core Investments

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AXA Investment Managers (AXA IM) have appointed Thomas Coudert as head of sustainability, core investments, with responsibility for overseeing sustainability across the core investment...

Clarity AI and Dasseti partner on benchmarks

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Clarity AI and Dasseti have joined forces to provide private market investors with environmental, social and governance (ESG) benchmarks. Through this partnership, users of digital...

European Parliament backs two-year delay for ESG reporting rules

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The European Parliament has backed a two-year delay for developing sustainability reporting requirements for non-EU companies and specific sectors. The approval follows the European Commission’s...

IESBA proposes draft ethics code to mitigate greenwashing

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The International Ethics Standards Board for Accountants (IESBA) has launched a public consultation on new ethical standards for sustainability reporting. The aim is to address...

Allianz launches dashboard to track transition to net zero

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Allianz has launched a dashboard that tracks the emission reductions and investments needed to achieve commitments made by countries under the 2015 Paris Agreement. The...

Corporate boards falling short of ESG competency

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As investors are increasingly scrutinising companies' environmental, social and governance (ESG) credentials, it is no surprise that boards are in the hot seat. To...

Over 150 anti ESG bills were introduced in the US last year

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More than 150 anti-environmental, social and governance (ESG) bills and resolutions were introduced in 37 US states in 2023, according to a report from Simpson Thacher,...