Khalid Azizuddin
The data firm has identified two key Scope 3 categories for disclosure in each sector and calls on regulators to provide greater guidance on what corporates should report on.
The first batch of avoided emissions products is expected early next year.
Morningstar's data also shows that ETF providers cut fees for the product class for the first time since PABs and CTBs were introduced.
The ECB also flags elevated litigation and reputational risks for banks that have publicly committed to decarbonise by 2050.
New guidance provides detail on the ESG disclosures and risk management systems that will be assessed under the EU’s prudential regime.
The APAC responsible finance industry came together in Singapore to discuss the region’s key ESG priorities.
Separately, the ECB has published research on different types of carbon emissions regulations and what these could achieve,
Part 3 of RI's Scope 3 Series: Machine learning and disclosures of prediction error for estimates could help improve Scope 3 data usability for investors.
The EU is on track to deliver key legislation on ESG ratings.
Significant progress is being made on the topics of coal phase-outs, scenario analysis and improving ESG data.