The U.S. Securities and Exchange Commission (SEC) announced that it is withdrawing a series of proposed rules initiated during the tenure of former SEC Chair Gary Gensler, including a rule requiring disclosures by investment managers marketing ESG-focused funds aimed at providing consistent information to investors and to avoid greenwashing risk. The announcement marks the latest in a series of moves shifting…

Financial services firms Aviva, Legal & General and Prudential are among the top companies in the UK for managing and reporting on workplace mental health.  The latest CCLA Corporate Mental Health Benchmark – UK 100 has found Aviva is a ‘top improver, climbing two tiers in the benchmark to the second tier, while Legal & General and Prudential have moved…

As the climate clock ticks ever louder, green bonds — long considered the flagship instrument of sustainable finance — may be ready for their next evolution. In 2025, the green, social and sustainability (GSS) bond market surpassed the remarkable milestone of $5.5trn in total issuance, with green bonds making up around 55% of the total. The question now emerging across…

The French Senate unanimously approved a bill targeting the environmental impact of the fast fashion industry. The proposed legislation forms part of a broader global effort by investors, companies and governments to address the growing environmental footprint of textile production and consumption, which currently makes up 10% of global greenhouse gas emissions. This is more than international flights and maritime…

Facebook, Instagram, and WhatsApp owner Meta announced a new agreement with clean energy company XGS Energy for the development of 150 MW of geothermal energy in New Mexico to support Meta’s data center operations in the state. California-based XGS Energy provides heat-harvesting technology to enable access to affordable and carbon-free geothermal energy. The company’s solution drills a single directional well…

Energy transition-focused investor Quinbrook Infrastructure Partners announced a series of new executive appointments, including appointing Brian Restall to the newly created role of Global CEO. Additional appointments announced by the firm included Giulia Siccardo as Managing Director and Regional Leader of Quinbrook for North America, and Kathryn Lin as Senior Director and leader of Quinbrook’s digital infrastructure strategies. Quinbrook said…

Capital markets technology and exchange company Nasdaq announced the launch of the Nasdaq Carbon Academy, a new free educational platform aimed at equipping individuals with skills to integrate carbon dioxide removal (CDR) credits into companies’ emissions reduction strategies. The new academy comes as  demand for carbon offset projects and related credits is expected to increase significantly over the next several…

The Science Based Targets initiative (SBTi), one of the key organizations focused on aligning corporate environmental sustainability action with the global goals of limiting climate change, announced the release of its initial draft SBTi Automotive Sector Net-Zero Standard, aimed at guiding automakers and auto parts manufacturers to enable science-based net zero target setting for their businesses. The SBTi was founded…

The Basel Committee on Banking Supervision, the primary global standard and policy setter for the banking industry, announced the release of a new, and long-awaited, framework for use by regulators for the disclosure of climate-related risks by banks. Following pressure from the U.S., however, the committee decided to make the framework voluntary, rather than requiring its adoption by regulators, potentially…

Andrew Parry, head of investments at JO Hambro Capital Management (JOHCM) and Regnan, has announced his retirement after over 40 years in the investment industry.  Parry (pictured) took a step back from work at the end of last year due to ill health, and said treatment has been successful. However, he has decided to retire from full-time work and “embrace…