New research finds companies in emerging and developing markets want better climate investment, but barriers to private finance flows remain. Perceptions of excessive risk in the Global South are deterring institutional investors from allocating to the market, Nick Robins, Professor in Practice – Sustainable Finance at the Grantham Research Institute on Climate Change and the Environment, has warned. Over-reliance…
Passive Funds Linked to Greenwashing
Reclaim Finance calls for increased anti-greenwashing regulation for fund managers, and collaboration with index providers. Asset managers are greenwashing their passive funds, according to new findings by NGO Reclaim Finance. The report analysed 430 passive funds labelled as “sustainable” by Amundi, BlackRock, DWS, Legal & General Investment Management (LGIM), and UBS Asset Management. It found that 70% of the assessed…
Microsoft Signs 15-Year “Environmental Justice PPA” from New US Solar Farm with EDP, Volt Energy
EDP Renewables North America (EDPR NA) and minority-owned renewable energy developer Volt Energy Utility announced a new partnership today to launch the development of Hickory Solar Park, a new solar project based near Jerseyville, Illinois. The companies also announced that Microsoft will purchase electricity and renewable energy credits (RECs) for 15 years from the new project. The new agreement uses…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…
The SEC’s Climate Rule*
On March 21st, 2022, the United States Securities and Exchange Commission (SEC) released a draft rule for the Enhancement and Standardization of Climate-Related Disclosures for Investors. The passing of the SEC climate rule on March 6th, 2024, is a landmark moment in U.S. climate policy and sets a precedent for future legislation on sustainability-related financial reporting in the U.S. But…