Royal Bank of Canada (RBC) has dropped its $500 billion sustainable finance target, citing increased regulatory scrutiny and methodological uncertainty following recent amendments to Canada’s Competition Act. The decision, outlined...
Brazil is launching a landmark auction aimed at raising up to $2 billion in financing for sustainable land restoration, as part of its Eco Invest Brazil program. The initiative will...
Ireland and the United Nations Development Programme (UNDP) have officially launched a new global Project Office for Sustainable Finance in Dublin, backed by a €7.5 million commitment from the Irish...
The Department of Finance (DOF) is accelerating the country’s sustainable finance agenda by expanding the role of the Inter-Agency Technical Working Group on Sustainable Finance (ITSF), also known as the...
The European Securities and Markets Authority (ESMA) has published the findings of its 2024 Common Supervisory Action (CSA) on environmental, social, and governance (ESG) disclosures under the Benchmarks Regulation (BMR)....
The Platform on Sustainable Finance (PSF), advising the European Commission, has proposed a voluntary “SME sustainable finance standard” aimed at easing access to sustainability financing for small and medium-sized enterprises....
SEB Steps Up Sustainability Efforts SEB, a leading Nordic financial services group, is reinforcing its commitment to sustainable finance by unifying its ESG data through a strategic partnership with Morningstar...
Standard Chartered’s Ambitious Climate Strategy Standard Chartered has released its detailed Transition Plan, showcasing how the bank will integrate climate considerations into all aspects of its operations, aiming for net...
The Shift Toward Sustainability Emerging market companies are accelerating sustainability efforts, driven by financing trends, regulatory expectations, and climate commitments. A study of 104 firms across six sectors (Energy, TMT,...
The Platform on Sustainable Finance has published a report outlining evidence-based recommendations to simplify and enhance EU taxonomy reporting. The advisory body, responding to the European Commission’s mandate, aims to...
The Platform on Sustainable Finance (PSF) has launched a public consultation to gather feedback on updates to the EU Taxonomy, the EU’s classification system for defining sustainable economic activities. The...
Verra, the global leader in climate action and sustainable development standards, has joined the Singapore Sustainable Finance Association (SSFA) to advance climate initiatives in Southeast Asia. This partnership aligns Verra’s...
Abu Dhabi Finance Week (ADFW) 2024 commenced today under the patronage of His Highness Sheikh Khaled bin Mohamed bin Zayed Al Nahyan, Crown Prince of Abu Dhabi and Chairman of...
Abu Dhabi Finance Week (ADFW) 2024 will convene the world’s most distinguished leaders, market experts and entrepreneurs from over 100 countries to explore the facets and power of financial, human...
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