EQ Investors has launched its sustainable portfolios on the Timeline platform, making them available to financial planners and their clients via the platform for the first time. This will give Timeline’s network of planners direct access to the sustainable model portfolios. The firm said the portfolios are designed to deliver competitive long-term returns by seeking out companies making a positive…
China Draws $9 Billion Order Book for New Green Bond Offering
China’s Ministry of Finance (MOF) announced the completion of a new green bond offering, the second-ever by the central government, raising RMB 6 billion (USD$887 million) for environmental initiatives ranging from clean transportation to pollution reduction. The offering drew very strong demand, with the order book reaching RMB 62.4 billion (USD$9.2 billion), with the issuance more than 10 times oversubscribed….
Brazil Shifts from Mandatory to Voluntary Sustainability Reporting
Brazil’s Securities and Exchange Commission (CVM) announced that it has amended its regulation requiring public companies to publicly provide annual ISSB-aligned sustainability and climate-related disclosures, moving instead to a voluntary sustainability reporting system. Mandatory sustainability reporting was set to next year, on 2026 data. While revoking the mandatory requirements, however, CVM’s updated regulation requires companies that opt out of sustainability…
ESG Today: Week in Review
This week in ESG news: IFRS, GRI collaborate to align sustainability reporting standards; SEC launches proposal to scrap corporate climate reporting rules; McDonald’s to miss 2030 supply chain decarbonization goal; tech giants back plan to test clean energy & materials solutions in data centers; global sustainable fund flows turn positive in Q1 2026; bp fires new Chair over governance, conduct…
SEC Launches Formal Process to Rescind Corporate Climate Reporting Rules
The U.S. Securities and Exchange Commission (SEC) announced on Friday that it has formally proposed the rescission of the corporate climate disclosure rules introduced by the agency during the Biden administration. The climate reporting rules were adopted by the agency in 2024, under prior Biden-appointed SEC Chair Gary Gensler, establishing for the first time requirements for public companies in the U.S….
Caudal Energy Raises $5.6 Million to Generate Power from Marine Mammal-Inspired Tidal Tech
UK-based clean energy startup Caudal Energy announced that it has raised £4.3 million (USD$5.6 million) in a seed funding round to support the development of its technology to generate low-cost and reliable baseload power from tidal stream energy. According to the company, while tidal energy has long been recognized for its predictability, commercial deployment has historically been constrained by the…
New York Governor Hochul Signs Budget Pushing Back State Climate Goals
New York Governor Kathy Hochul signed New York’s 2027 budget on Thursday, following approval by state legislators of the legislation that includes changes to the state’s climate law to significantly push back the state’s key emissions reduction goals, replacing its 2030 target with a new 2040 goal. The changes to New York’s Climate Act follows warnings from Hochul earlier this year that…