deep-sea mining

UNEPFI released its latest ocean finance report discussing the risks and impacts associated to deep-sea mining and how financial institutions should respond to this sector. deep-sea mining The deep sea contains many of the most pristine ecosystems on our planet and plays a crucial role in regulating the climate. PlansContinue…

regulatory technical standards (RTS)

The three European Supervisory Authorities (EBA, EIOPA and ESMA – ESAs) published a statement providing clarifications on the draft regulatory technical standards (RTS) issued under the Sustainable Finance Disclosure Regulation (SFDR), which include the financial product disclosures under the Taxonomy Regulation. RTS regulatory technical standards The statement provides clarification on keyContinue…

Corporate social responsibility. Socially responsible investing. Environmental, social and governance (ESG) integration. Sustainable investing: these phrases refer to the need for investors to pay more attention to the environmental and social (“E/S”) impacts of the businesses in which they invest. To facilitate investor’s readability, reporting standardization is an absolute necessity,Continue…

INACTION COSTS CLIMATE CHANGE

Deloitte’s Global Turning Point Report finds that unchecked climate change could cost the global economy US$178 trillion over the next 50 years, unless global leaders unite in a systemic net-zero transition. By contrast, the global economy could gain US$43 trillion over the next five decades by rapidly accelerating the transitionContinue…

Can Macroprudential Regulation Tame Green Swans?

Banks and other financial institutions are exposed and vulnerable to natural disasters (NDs), whose frequency and intensity are increasing with climate change. The impact of NDs on financial systems remains largely unexplored. In the same time, financial shocks and crises have motivated the implementation of macroprudential (MP) measures. Whereas, thusContinue…

Drivers of Costs & Performance of ESG funds

The European Securities and Markets Authority (ESMA), the EU’s securities markets regulator, has published a study – The drivers of the costs and performance of ESG funds – looking at the potential reasons behind the relatively lower ongoing costs, and better performance, of environmental, social and governance (ESG) funds compared to otherContinue…

Multilateral development banks needed to offload world’s stranded assets

In response to the increasingly urgent climate emergency, the financial sector has reacted with a plethora of novel strategies and products: environmental, social and governance integration, exclusion metrics and divestment from ‘brown’ activities have proliferated in the past five years. Yet, apart from questions over the efficacy of these strategiesContinue…

sustainable companies valuations

Head of Strategic Research at Schroders, Duncan Lamont is highlighting some eye-catching trends about sustainable companies practices and market valuations. One theory of sustainable investing is that its objective is to make it more expensive for “bad” companies to raise money, and cheaper for “good” ones to (based on yourContinue…