Category: Blue economy

Experts advising Japan’s Financial Services Authority on integrating sustainability into financial markets have said the regulator should consider creating a code of conduct for ESG rating and data providers, citing a need for more transparency and fairness in data, issues around governance and neutrality, a lack of adequate human resources, and a heavy burden on companies to verify ratings. Members of the Sustainable Finance Expert Panel will discuss the recommendations, which were released today, in more detail at an online event hosted by RI on 1 July. Click here to register.

The UN Environment Programme Finance Initiative has released a recommended ‘blue’ exclusions list, providing financial institutions with an overview of activities considered harmful to the ocean across five sectors: seafood, ports, maritime transportation, marine renewables and coast and marine tourism. Excluded practices include blast or pulse fishing, shipping …