Industry welcomes FCA’s anti-greenwashing guidance but will need to ‘rush’ to meet 31 May deadline
Some firms were hoping for a longer transition period, commentators say
EU
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FCA releases proposals to expand SDR to wealth managers
The regulator has made adjustments to requirements for portfolio management services following industry feedback
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Taskforce outlines five-step process for measuring impact
Draft guidance aims to assist corporate and sovereign entities
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UK government ‘inconsistent and opaque’ in its approach to transport decarbonisation
More than half of major transport companies are or plan to move out of UK to a market more supportive of sustainability goals
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Pictet launches ELTIF focused on environmental technology co-investments
The Article 8 fund will implement the Planetary Boundaries scientific framework
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Shareholders vote against ShareAction’s resolution for improved Nestlé health targets
But ‘direction of travel is clear’ as for businesses heavily reliant on unhealthy foods
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Tabula launches ESG-focused gold ETC
Only 4% of gold is currently traceable, posing ‘serious ESG risks’ to investors
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Wellington closes Climate Innovation fund to new investments
The fund closes with $385m in commitments for the private markets
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Financial institutions representing $15trn call for ‘ambitious’ international treaty to end plastic pollution
Supported by PRI, Axa IM, Fidelity and First Sentier
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Regulation is set to supercharge the push on plastics
Columbia Threadneedle’s Olivia Watson says that 2024/25 is an ‘inflection point’ for waste and pollution
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‘Unstoppable rise’ of passive climate funds
Morningstar’s overview of the climate funds notes passives’ popularity and flows into fixed income and transition strategies
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Pollination Q&A: Deforestation targets ‘must be made a priority’
Dr. Carter Ingram answers PA Future’s questions on frameworks, collaboration and education for Earth Day