All articles by ellizabeth meager
ellizabeth meager
Mifid II: Greenwashing concerns rise as new rule kicks in
An amendment to the EU investor protection framework has necessitated ESG training among distribution staff. But a lack of guidance and data is fuelling fears of mis-selling risks.
US Supreme Court’s EPA ruling: The wider impact
Recent decisions by the US Supreme Court have set climate action even further back and put a greater burden on society and the private sector to lead the way on cutting emissions.
US political backlash against ESG spooks investors
As the US securities regulator sharpens its focus on greenwashing and red states draft ‘anti-ESG’ bills, investors are more reluctant than ever to be vocal on climate.
Bank of England climate chief flags issues raised by stress tests
Chris Faint explains what the central bank has learned from the first exercise of its kind globally, and responds to the criticism it has received.
China’s new ESG disclosure standard “of limited use” to investors
The proposed voluntary framework is an early step towards standardised sustainability reporting but is seen as unlikely to have much impact until it is endorsed by regulators. It also omits any mention of human rights.
MEP Paul Tang eyes stronger sustainable finance rules
Paul Tang is among the Members of the European Parliament trying to stop gas and nuclear being included in the EU Taxonomy. He speaks to Capital Monitor about revising the SFDR, developing the green bond market, and the auditing of corporate climate transition plans.
Why EU taxonomy reporting is so hard to do
Major divergence in data and an unhelpful regulatory timetable are among the early issues that companies and investors face around disclosure of companies’ alignment with the EU taxonomy.
Data vendors’ taxonomy alignment scores vary widely
Working on a sample size of EU taxonomy alignment scores, Capital Monitor has uncovered a worrying degree of reporting disagreement among data vendors. Some point to the European Commission’s reporting timetable as a hurdle.
UK plan to regulate ESG ratings divides market
Britain’s Financial Conduct Authority has publicly stated its intention to regulate ESG rating providers, and industry watchdogs elsewhere look set to follow suit. Investors are happy; certain rating agencies less so.
ISSB: Company’s impact and enterprise value do overlap
The vice chair of the International Sustainability Standards Board, Sue Lloyd, outlines its plans and progress, as pressure and spending grow around ESG reporting.