Alternative investment data and insights provider Preqin announced today the launch of new ESG performance benchmarks aimed at enabling users to assess performance of private markets ESG funds, as well as SFDR, impact and climate funds. According to Preqin, the new benchmarks address the lack of standardized and comparable ESG fund performance data, which has contributed to an increase in…
EU Parliament Adopts Law to Establish Carbon Removal Certification System
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…
EU Parliament Adopts Law to Establish Carbon Removal Certification System
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…
EU Parliament Adopts Law to Establish Carbon Removal Certification System
Lawmakers in the European Parliament voted on Wednesday to adopt a new law aimed at establishing a certification system to quantify, monitor and verify carbon removals, and to counter greenwashing. The adoption, which passed in a 441-139 vote by MEPs, marks one of the final steps towards the launch of a comprehensive carbon removal and soil emission reduction framework in…
US Highlights Human Rights Due Diligence
The country plans to release new guidance focused on technology-related risks, but pundits are saying it should be expanded to all sectors. The US government’s plans to introduce human rights due diligence (HRDD) guidance to manage technology firms’ exposures to such risks has been welcomed as a good start. However, experts are calling for it to align with similar texts…
US Highlights Human Rights Due Diligence
The country plans to release new guidance focused on technology-related risks, but pundits are saying it should be expanded to all sectors. The US government’s plans to introduce human rights due diligence (HRDD) guidance to manage technology firms’ exposures to such risks has been welcomed as a good start. However, experts are calling for it to align with similar texts…
US Highlights Human Rights Due Diligence
The country plans to release new guidance focused on technology-related risks, but pundits are saying it should be expanded to all sectors. The US government’s plans to introduce human rights due diligence (HRDD) guidance to manage technology firms’ exposures to such risks has been welcomed as a good start. However, experts are calling for it to align with similar texts…
GRESB announces launch of its new suite of ESG-evaluation tools, REAL Solutions
On 19 March 2024, GRESB – an investor-led organisation that provides standardised and validated data to assess the sustainability-related performance of real estate assets and portfolios – announced the upcoming launch of “REAL Solutions“. REAL Solutions is a new suite of tools designed to provide real asset managers and investors with more granular ESG data, which they are demanding in…
ESMA publishes Consultation Paper on European Green Bond Standard Regulation
On 26 March 2024, the European Securities and Markets Authority (“ESMA“) published a consultation on its first set of regulatory technical standards (“RTS“) under the EU Green Bond Standard Regulation (the “Consultation“). The Consultation addresses mandates relating to the registration and supervision of external reviewers and aims to clarify the criteria used for assessing an application for registration. Background The…
ESMA publishes Consultation Paper on European Green Bond Standard Regulation
On 26 March 2024, the European Securities and Markets Authority (“ESMA“) published a consultation on its first set of regulatory technical standards (“RTS“) under the EU Green Bond Standard Regulation (the “Consultation“). The Consultation addresses mandates relating to the registration and supervision of external reviewers and aims to clarify the criteria used for assessing an application for registration. Background The…