The Taskforce on Nature-related Financial Disclosures announces that more than 100 banks, including seven G-SIBs, are among the first adopters of its recommendations.
Latest articles from ESG & sustainability
The small green solution to Africa’s big electricity problem
January 17, 2024Small-scale solar deployments have been instrumental in improving energy access and security across the continent. Consolidation in the market is set to attract increased attention from mainstream investors.
Scope 3 emissions a ‘best guess’ for financial services providers, says survey
January 12, 2024Scope 3 emissions disclosure is increasingly becoming a regulatory requirement, but financial services firms are struggling with reporting and are concerned they are at risk of unintentional greenwashing.
What global risks do you need to worry about in 2024 and beyond?
January 12, 2024Despite the “spaghetti bowl” of risk becoming more complex with the rise of ChatGPT prompting fears about widespread misinformation and disinformation, environmental risks continue to dominate the risk landscape, according to the WEF’s latest global risk report.
Indonesian banks under increasing regulatory pressure to disclose climate risks
January 9, 2024Indonesia’s financial watchdog expects all banks to start scrutinising their carbon-intensive loan books more closely for climate risks, but accurate emissions data remains challenging.
Will 2024 see stronger structures built around transition finance?
January 4, 2024If 2023 was about regulators clamping down on greenwashing and the overuse of terms such as ‘green’ and ‘ESG’, will 2024 be about bringing greater clarity around transition finance?
Explainer: How does the EU’s CSRD affect you?
January 4, 2024On January 1, 2024, the EU’s Corporate Sustainability Reporting Directive came into force. But what is it, and what do you need to know about it?
Do banks really understand customers’ needs?
January 4, 2024In spite of the new Consumer Duty guidelines, banks are still struggling to meet customers’ needs and are not working hard enough to protect their finances in the midst of a cost of living crisis. What can firms do to change that?
Preventing millions being financially excluded due to climate change
January 3, 2024Increasing weather-related disasters and climate disruption may be a given, but financial exclusion of migrants from climate change does not have to follow if governments and financial service providers take action now to protect against financial abuses.
to read
Partner Content
Quantifying the financial costs of climate change physical risks
January 3, 2024Informing an urgent need for action: what’s the financial exposure of company assets to physical climate risks?