European Commission proposes simplified transparency rules for Sustainable Financial products The European Commission has proposed a set of amendments to the Sustainable Finance Disclosure Regulation (SFDR) to make…
Read more December Global Regulatory Brief: Green finance | Insights | Bloomberg Professional ServicesOn the other hand, firms might choose to set targets, not because of a belief in direct benefits to their bottom line, but because of competitive positioning. Companies…
Read more Does climate leadership drive financial performance, or is it the reverse? | Insights | Bloomberg Professional ServicesKey takeaways Scope reduction: Sustainability reporting will apply only to firms with over 1,750 employees and net turnover above €450 million. Due diligence duties will apply solely to…
Read more November Global Regulatory Brief: Green finance | Insights | Bloomberg Professional ServicesKey takeaways MEPs propose that only companies with more than 1,000 employees and over €450 million in annual turnover be required to undertake sustainability reporting. Firms falling outside…
Read more October Global Regulatory Brief: Green finance | Insights | Bloomberg Professional ServicesFor this analysis we chose to retrieve data representing a company’s average asset damage rate over the 2030 time horizon considering all hazards. However, users of the data…
Read more Does physical climate risk carry a financing premium? | Insights | Bloomberg Professional ServicesFinancial performance and renewable energy adoption When renewable energy costs become competitive with or lower than traditional fossil fuel alternatives, transitioning to renewables can directly lead to cost…
Read more Power shift: Should investors pay attention to renewable energy adoption? | Insights | Bloomberg Professional ServicesRestricting shareholder proposals undermines the checks and balances that protect markets, innovation and social responsibility. Unsplash+ Illegal child marriages. Coerced sterilization. Debt bondage. Until recently, shareholders had the…
Read more The Cost of Limiting Shareholder Voice: How New Restrictions Threaten Economic GrowthFaith-based shareholder activism dates back to 1970s Up until the 1990s, the nuns had few investments. That changed as they began to set aside money to care for…
Read more Sister activism: Nuns push for change through stock investments – MoneySenseClean with cheaper, greener cleaning products I’m a die-hard fan of Tru Earth laundry strips, which are detergent without the liquid and the bulky plastic bottle. They’re really…
Read more Save money, save the planet: Our favourite products and strategies for eco-friendly living – MoneySenseThat has implications for all of us. As the Bank of Canada puts it, “whatever path is chosen, delaying action heightens the risks to the financial sector and…
Read more Attention, ESG investors: Canada’s biggest carbon-emitting public companies – MoneySenseMetallurgical coal is dumped onto a pile in Ceredo, West Virginia, in 2017. Climate groups are pressuring banks to stop financing the energy source, which is used to…
Read more Banks face pressure to stop financing use of coal in steel productionAccording to the 2023 Canadian Responsible Investment Trends Report, released on Oct. 26 by the Responsible Investment Association (RIA), the answer is yes: investors continue to prioritize responsible investing, and…
Read more Responsible investing is growing in Canada. Which ESG factors matter most? – MoneySenseIn a global first, Europe’s main bank regulator is revising the framework that sets capital requirements so that lenders reflect environmental and social risks in mandatory, industrywide buffers.…
Read more Banks in Europe get world’s first ESG add-on to capital rulesThe self-regulation guidelines from the Swiss Bankers Association (SBA) on the promotion of energy efficiency in mortgages have shone a sudden spotlight on the subject of ESG in…
Read more The SBA guidelines on energy efficiency in mortgages: Where things stand 180 days before coming into force – Banking blogGlobal sustainability leader ADEC ESG Solutions recognized as accredited resource for driving organizational value and delivering impact. IRVINE, Calif., May 24, 2023 (Newswire.com) – ADEC ESG Solutions, an…
Read more ADEC ESG Solutions Rejoins CDP as an Accredited Solutions ProviderA state law enacted in May 2020 required California-based corporations to appoint between one and three minority board members, depending on the size of its board of directors.David…
Read more Judge overturns corporate board diversity law in CaliforniaOpinions expressed by Entrepreneur contributors are their own. In just seven years, we will face a global worker shortage of 85 million people, according to the 2023 Workforce…
Read more Why Employers and Employees Aren’t Agreeing on Expectations | EntrepreneurWith new environmental and societal activities, SumUp steps up its efforts to support positive change in the planet BOULDER, Colo., April 19, 2023 (Newswire.com) – Global financial technology…
Read more SumUp Announces New Global ESG Initiatives to Support Sustainability EffortsAs the fire at an Indiana plastics-recycling storage facility burned over several days and officials scrambled to calm evacuated residents and measure air quality, larger safety questions emerged…
Read more Is it safe to live near recycling centers? Questions surge after Indiana plastics site burns.• Sustainalytics ESG rating places INNIO in top 1 percentile of all industry peers and in top 2 percentile of companies rated by Sustainalytics on a global level.…
Read more Sustainalytics Upgrades INNIO Group’s ESG Risk Rating From Low to Negligible Risk, Ranking INNIO Number 1 Worldwide Among Industry Peers
