What Will the New European Parliament do to Sustainable Finance?
Although the EU’s political landscape may appear unchanged following last weekend’s general rejection of extreme right-wing eurosceptic and climate sceptic parties at the European Parliament (EP) elections, the political winds […]
EU Supervisors’ Final Word on Greenwashing
n May 2022 the European Commission (EC) asked the three European Supervisory Authorities (ESAs) to help define and address greenwashing in the financial markets. Having produced an interim progress report […]
Nordic Investors Reiterate Support for Climate Action 100+
The first quarter of 2024 was marked by a number of prominent departures by US investors from Climate Action 100+, including JP Morgan Asset Management, PIMCO, State Street Global Advisors, […]
EU Platform Publishes Compendium of Market Practices
At the end of January, the EU’s Platform on Sustainable Finance published a compendium of market practices regarding the use of the EU taxonomy and the European Green Bond Standard […]
Oil Divestment Advocate Quizzes AP7
Sweden’s $105 billion AP7 has been fending off increasingly vocal criticism in the local media over its oil and gas related equity holdings, particularly a $47.5m purchase of Saudi Aramco […]
Swedish Banks Off Net-Zero Track
The financed emissions and lack of consistent transition policies of the five largest banks active on the Swedish market put them at odds with their own stated long-term net-zero targets. […]
New Carbon Credit Guidelines Released
Following a difficult year beset by controversy, international efforts to restore the credibility of voluntary carbon markets (VCMs) continue with the release by the Voluntary Carbon Markets Integrity Initiative (VCMI) […]
Danish Financial Institutions Need to Score Better on Human Rights
Despite paying lip service to the ‘S’ in ESG, Danish financial institutions still appear incapable of demonstrating that they include human rights considerations in their investment, lending, and insurance activities, […]
Norwegian Impact
A country does not have to be big to make a significant positive impact globally, as a newly published survey by Norway’s recently established National Advisory Board for Impact Investing (NorNAB) demonstrates. […]
Swedish AP Funds Under Scrutiny, Again
On 23 October, the Swedish government announced the launch of a new investigation into the governing activities of the National Pension Funds (the AP Funds). The inquiry is to be conducted internally […]