The Swiss government announced the launch of a consultation on a series of new proposals to update its sustainability-related disclosure rules for companies, including a requirement for companies to provide plans to align with Switzerland’s net zero by 2050 climate target, and for climate-related reporting to be based on standards such as the ISSB or the EU’s ESRS. The proposals…
Panellists at ESG Investor’s Nature Data event identified need for guidance and action on artisanal mining, lobbying and Indigenous Peoples’ rights. Investors seeking to address the ESG risks in their mining investments have been urged to respond to a consultation on a consolidated sustainability standard developed by leading industry bodies. The Copper Mark, International Council on Mining and Metals (ICMM),…
Aviva Investors has been fined €56,500 by Luxembourg’s Commission de Surveillance du Secteur Financier (CSSF) for “persistent breaches” of their internal governance framework concerning five sub-funds classified as Article 8 under the EU’s Sustainable Finance Disclosure Regulation (SFDR). During an inspection that took place between 3 October 2022 and 11 May 2023, the CSSF found certain bonds held by the…
The Financial Conduct Authority (FCA) has published further guidance for firms intending to apply fund labels under the Sustainable Disclosure Requirements (SDR) regime, including additional best practice examples of pre-contractual disclosure requirements for all four SDR labels. Last month, the FCA released a document highlighting pre-contractual disclosure examples for the Sustainability Improvers and Sustainability Focus labels, including three separate examples of…
As 2024 draws to a close, it becomes a time for reflection on the year’s developments and predictions for the coming year. So, within PA Future‘s end of year series New Era, members of the sustainable investment community will be doing just that, as well as sharing some eco-friendly Christmas hacks and the one thing they want to see under…
As 2024 draws to a close, it becomes a time for reflection on the year’s developments and predictions for the coming year. So, within PA Future‘s end of year series New Era, members of the sustainable investment community will be doing just that, as well as sharing some eco-friendly Christmas hacks and the one thing they want to see under…
While assembling resources for a training programme aimed at raising awareness of impact laundering and reporting misrepresentation, I explored historical intelligence methodologies to evaluate their applicability to today’s challenges. During this research, I inadvertently found some declassified CIA documents outlining techniques such as source verification, network analysis and detecting psychological manipulation. Surprising relevance of Cold War tactics Originally designed to…
While assembling resources for a training programme aimed at raising awareness of impact laundering and reporting misrepresentation, I explored historical intelligence methodologies to evaluate their applicability to today’s challenges. During this research, I inadvertently found some declassified CIA documents outlining techniques such as source verification, network analysis and detecting psychological manipulation. Surprising relevance of Cold War tactics Originally designed to…
BNP Paribas Asset Management (BNPP AM) has launched the BNP Paribas Low Carbon Transition Infra Equity fund, targeting €750m (£621m) in assets from institutional investors such as insurers, pensions funds and corporates. The fund is classified as Article 8 under the Sustainable Finance Disclosure Regulation (SFDR). It aims to build a diversified portfolio of eight to 12 equity investments centred…
Ninety One has announced it will merge its UK Sustainable Equity fund with its Global Sustainable Equity fund in 2025, subject to shareholder resolution. The move will see a reduction in the number of UK equity funds the business will run from five to three, and means the UK Sustainable Equity fund will no longer exist in its current form….