COP29 Finance Day ‘intense’ as critics say COP ‘is no longer fit for purpose’
A report published on Finance Day said that $1trn is needed per year for developing countries by 2030
Clarity AI
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ESG Out Loud COP29 Special: Disappointments and disagreements on Finance Day
Clarity AI’s chief sustainability officer Lorenzo Saa discusses the mood on the ground at COP29, and how there the conversations are ‘struggling’
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Majority of large-cap companies fail to quantify impacts of their decarbonisation efforts
Several sectors also rely on controversial decarbonisation levers according to the Clarity AI study
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Nearly half of funds using environmental terms hold assets in breach of PaB exclusion criteria
A Clarity AI study has found Article 8 funds are most affected by the ESMA naming rules
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SBTi ‘rattles’ staff with consultation on use of carbon offsets in tackling Scope 3 emissions
SBTi employees have reportedly pushed back saying decision ‘undermines confidence’ in SBTI standards
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COP28: Finance industry needs to be adopting transition technology much faster
It doesn’t need to be sophisticated technology or AI, but firms are not investing in even the basic technologies, ClarityAI CEO says
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Clarity AI launches SFDR-aligned sustainable investment methodology
Framework for classifying organisations, funds, and indices as sustainable investments
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Only 1.5% of funds aligned with 1.5ºC
Clarity AI finds more than 70% of all assets exposed are invested in funds with above 2.3ºC alignment
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SDG funds fail to target countries most in need
Research seen exclusively by ESG Clarity finds companies in SDG funds receive 75% revenue from countries that have made most progress towards the goals
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SDG funds fail to target countries most in need
Research seen exclusively by ESG Clarity finds companies in SDG funds receive 75% revenue from countries that have made most progress towards the goals
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Just 4% of ‘sustainable’ funds meet requirements across regions
Clarity AI finds ‘limited alignment’ between sustainability disclosure and labelling regulation in the US, UK and EU
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Just 4% of ‘sustainable’ funds meet requirements across regions
Clarity AI finds ‘limited alignment’ between sustainability disclosure and labelling regulation in the US, UK and EU