Finance & Investment

Ready to take your business to the next level?

Your Ads Here (320x 320 area)

KPMG: CSA Flags Rising Greenwashing Risks in Canadian ESG Disclosures

12 月 20, 2024 没有评论

Key Impact Points Regulators Crack Down on Greenwashing The CSA is intensifying its oversight of ESG disclosures, highlighting concerns about potentially misleading environmental claims. In its Staff Notice 51-365, the CSA outlines common deficiencies, including overly promotional claims and insufficient substantiation. “The Notice warns that false, misleading, or unsubstantiated claims

Invesco’s Climate ETF Launch Breaks Global Funding Record with $2.4 Billion Backing

12 月 17, 2024 没有评论

Key Impact Points: Record-Breaking Launch Invesco Ltd. (NYSE: IVZ), a global asset management leader, has launched the Invesco MSCI North America Climate ETF (KLMN) on the New York Stock Exchange. Backed by $2.4 billion from Varma, Finland’s pension insurer, this ETF marks the largest funding ever for a newly launched

Weighing the value of carbon price predictions

Guest Post: Peter Sainsbury on Carbon Price Forecasting Accuracy

12 月 17, 2024 没有评论

Key Impact Points: Forecast Reports Flood the Market By December, investment banks and financial institutions inundate investors with predictions for the next 12 months. Bloomberg estimates that banks released 650 such reports for 2024, and the signal-to-noise ratio continues to deteriorate. Rupak Ghose highlights this trend: “Wall Street analysts love

EU Groups Call for Smart Implementation of Sustainability Rules to Boost Competitiveness

12 月 17, 2024 没有评论

Key Impact Points EU Sustainability Reporting Misrepresented as a Threat More than 90 organizations representing civil society, business, banking, and investor interests expressed deep concern about the misrepresentation of EU sustainability reporting as a threat to competitiveness. The statement, issued on December 12, is a direct response to EU Commission

Sustainable Investing in 2025: Five Themes to Watch

12 月 12, 2024 没有评论

Key Impact Points: Climate Impact to Climate Transition Record-breaking heatwaves and catastrophic storms in 2024 have shifted global attention from long-term climate goals to the immediate costs of climate impacts. In 2025, the focus will transition further toward implementing clear, credible climate transition frameworks. These frameworks must address energy efficiency,

UNGC USA Highlights Private Sector’s Role in Financing the SDGs

12 月 12, 2024 没有评论

Key Impact Points: UNGC’s Sustainable Finance Report The United Nations Global Compact (UNGC) Network USA hosted a private event to celebrate the launch of its sustainable finance report, Driving Progress: Sustainable Finance for the Advancement of the SDGs. This report underscores the essential role that the U.S. private sector plays

Greenwashing Concerns Rise Among Investors as ESG Priorities Decline: EY Survey

12 月 12, 2024 没有评论

Key Impact Points: Investors’ Short-Term Focus Undermines ESG Momentum A recent EY Institutional Investor Survey reveals a growing disconnect between investors’ stated commitment to ESG principles and their actual investment behaviors. The survey polled 350 decision-makers globally, including asset managers, wealth managers, and pension funds. Despite 88% of respondents indicating

Countries Agree to $300 Billion Climate Finance Goal by 2035 – Challenges Ahead

12 月 12, 2024 没有评论

Key Impact Points: A New Climate Finance Target At COP29, countries finalized a New Collective Quantified Goal (NCQG) on climate finance. Developed countries pledged to lead efforts to mobilize $300 billion annually by 2035, within a broader target of $1.3 trillion for developing nations. This commitment shapes climate finance talks

Why Goldman Sachs Exits Net Zero Banking Alliance Following Asset Group’s Leaving of Climate 100

12 月 10, 2024 没有评论

Key Impact Points: Goldman Sachs Exits NZBA Amid Political Pressures Goldman Sachs, a prominent member of the Net-Zero Banking Alliance (NZBA), has decided to leave the coalition. The alliance, established three years ago, united over 140 global banks to align financial operations with net-zero emissions goals by 2050. However, rising

COP16 Riyadh secures $12bln to bolster drought resilience

COP16 Riyadh Secures $12 Billion to Bolster Global Drought Resilience

12 月 5, 2024 没有评论

Landmark Commitments at COP16 The COP16 UN Convention to Combat Desertification (UNCCD) conference in Riyadh has secured over $12 billion in funding to address land degradation and drought resilience. Held under the theme “Our Land, Our Future,” the event marked significant progress in tackling these critical global challenges. Key contributions