BNN Bloomberg: The European Central Bank wants finance executives to know they’ll be held to account for the industry’s continued failure to adequately manage climate and environmental risks.
BNN Bloomberg: Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as a wave of intense industry lobbying pays off.
ESG Clarity: The European Environment Agency (EEA) has called for more private investment to help underpin a smoother sustainability transition.
XM: Britain's financial watchdog said it was having to "push back" against some investment funds that misleadingly attempt to label themselves as being focused on environmental, social and governance (ESG) based performance.
Funds Europe: The European Banking Authority (EBA) is planning to revise capital requirement frameworks to make banks include environmental and social risks in required industry-wide reserves.
ESG Clarity: CFA Institute has launched the UK edition of its voluntary diversity, equity and inclusion (DEI) code for the investment profession designed to support organisations seeking to accelerate change by fostering a commitment to DEI.
ESG Clarity: Aviva Investors has completed its ESG senior management team with the appointment of Louise Piffaut as head of ESG, liquid markets.
BNN Bloomberg: Europe’s markets watchdog says it isn’t backing down from a controversial plan to restrict the use of “ESG” and “sustainability” in fund names, despite a barrage of criticism from asset managers.
BNN Bloomberg: The European Union is considering extensive changes to its ESG investing framework in response to criticism from asset managers and national regulators.
Funds Europe: The European Fund and Asset Management Association (Efama) has expressed significant reservations about the European Commission's (EC) recent unveiling of its ESG rating activities proposal.
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