Key Impact Points Overview China continues to expand its influence in global finance with the listing of a renminbi-denominated bond on the Frankfurt Stock Exchange. Issued by the Bank of China (BOC), this bond is the first of its kind to be listed in Frankfurt and is dedicated to funding
Key Impact Points Grasping EFRAG’s Draft Sustainability Reporting Standards For small and medium-sized enterprises (SMEs), understanding the European Financial Reporting Advisory Group’s (EFRAG) draft standards for sustainability reporting is essential. These standards, which mimic the stringent regulatory requirements of the financial sector and larger corporations, are more than just a
Key Impact Points: Marsh Unveils Groundbreaking Insurance Solution for CO2 Transport and Storage Marsh, a global leader in insurance brokering and risk advisory, has announced the launch of a first-of-its-kind insurance solution tailored specifically for the transportation and storage of carbon dioxide (CO2). This innovative solution is designed to address
Key Impact Points Enabling Transition Finance through Emissions Intensity Evaluation As global efforts to meet the Paris Agreement targets accelerate, the financial sector faces mounting pressure to direct capital toward low-carbon technologies and practices. Emerging economies like India require an estimated USD 2.5 trillion by 2030 to achieve their climate
Key Impact Points: Over Three Quarters of Companies Now Obtain External ESG Assurance In 2023, 79% of FTSE 100 companies obtained external assurance over some ESG metrics—up by 4% from 2021. This trend underscores the increasing importance of accurate ESG data for investors and other stakeholders. As more companies prepare
Key Impact Points: Overview BlackRock, the world’s largest asset manager, has reduced its support for ESG (environmental, social, and governance) proposals in the wake of increasing Republican scrutiny. According to BlackRock’s latest proxy voting report, the company supported only 4% of environmental and social proposals in the 2023-24 proxy year,
Key Impact Points: The Issue Financial institutions are under increasing pressure to eliminate deforestation from their portfolios as part of broader efforts to meet net-zero targets and reduce the financial risks associated with climate change and nature degradation. However, while initiatives like Finance Sector Deforestation Action (FSDA) are making strides,
Pitchbook’s Q2 2024 Clean Energy Report highlights key trends, investments, and innovations within the clean energy sector, focusing on venture capital (VC) activity, emerging technologies, and notable company developments. As the clean energy landscape evolves, VC investment plays a critical role in shaping the industry’s future, especially in areas such
Biodiversity’s Economic Consequences Biodiversity loss is accelerating at an alarming rate, threatening ecosystems and the economic benefits they provide. This poses substantial risks for businesses, investors, and financial markets. New regulatory efforts, like the Taskforce on Nature-related Financial Disclosures (TNFD) and frameworks from central banks, aim to address these risks.
Impact Points: Why it matters Amid the ongoing climate crisis, the UK’s new government faces a historic opportunity. Strategic climate finance policies not only position the country as a leader in the global net-zero transition but also promote long-term economic resilience. The first 100 days of leadership are critical to
