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The latest developments in sustainable finance: WWF reports 70% decline of species since 1970; ESMA makes sustainable finance top priority.
The latest ESG movers and shakers: Barclays hires StanChart sustainable finance head; PRI has new COO.
The latest developments in sustainable finance: Bloomberg hits out at anti-ESG republicans, private equity climate body launches APAC wing
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However, users have noted a broad improvement in the quality of CRA disclosures on ESG factors.
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Providers are also in disagreement with stakeholders on whether the ESG ratings market is functioning properly.
Global asset manager criticises weak incentives in SLB structures, while HSBC backs calls to reject use of ESG ratings as KPIs.
Tesla accounts for close to 50% of MSCI Environmental Index as of Q1 2022, study finds.
Parent company Morningstar has however discontinued the ESG rating provider’s Human Rights Radar for its “latent, disproportionate focus on the Israeli/Palestinian conflict”.
Regulators in the EU could learn from US and Asian peers on climate and social, says Petra Hielkema.
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