FCA blasts ‘poor‘ disclosures by ESG benchmark administrators, calls for improvement
Some administrators are miscalculating benchmarks due to outdated ESG ratings or failing to apply exclusion criteria in calculations.
ESMA advisory group calls for caution on greenbleaching supervision
Greenbleaching should not be sanctioned while there is no requirement to disclose sustainability, but ESMA should monitor prevalence, group recommends.
Danish central bank slashes emissions after switch to EU climate benchmarks
The bank reported a more than 50% reduction in the carbon intensity of equity and corporate bond holdings.
ESG round-up: UK chancellor confirms nuclear in green taxonomy
The latest developments in sustainable finance: European banks set to face more climate litigation; IDX-listed firms ramp up efforts on ESG.
PRI releases internal UK gender and ethnicity pay gap details
The organisation discloses its gender and ethnicity pay gap for the first time in its diversity data and pay gap report.