The Institutional Investors Group on Climate Change has criticised ESG proposals from the Financial Conduct Authority for the mutually exclusive nature of the categories.
Key differences arise in weighting environmental impact
A looming update to the EU regulation has sent fund managers scrambling to downgrade Article 9 funds to Article 8 status.
The network’s head of stewardship highlighted the lobbying ‘misalignment’ in his address to the Barcelona in-person conference.
A rationalisation of data requirements is needed, she told delegates at the UN PRI conference in Barcelona.
Sustainability-focused firms want COP15 to deliver an ambitious global framework with clear and measurable biodiversity targets and mandatory disclosures.
Portfolio-level ESG data tells only a part of the story and so investors are incorporating information from several providers into their assessments, guided by in-house frameworks.
Fund “hopes to include scope 3 emissions next year” as more defensive data becomes available.
Highlights from COP27’s finance day: GFANZ alliances publish targets and members still funding firms connected to deforestation.
MSCI’s Sylvain Vanston discusses findings from the index provider’s latest Net-Zero Tracker, a quarterly publication that evaluates the state of corporate climate targets.