ESG update
18 March 2024
Atominvest partners with Greenly
Partnership to make Greenly’s carbon calculation platform accessible to Atominvest’s clients
8 March 2024
UK government set to regulate ESG ratings providers
A separate consultation will follow the announcement, which came as part of the Spring Budget
6 March 2024
Atlas Metrics partners with Bunch
The partnership combines Bunch's investor portal with Atlas Metric's ESG reporting platform
6 March 2024
Kirkland appoints ESG partner
Rebecca Perlman joins after a 12-year tenure at Herbert Smith Freehills
8 February 2024
ESG: The fund-of-funds perspective
Once removed from the underlying portfolio, this type of LP is focused on private equity’s journey rather than instant compliance
7 February 2024
ESG ratings providers to comply with transparency requirements
The European Commission and Parliament have reached a provisional agreement on how ESMA can supervise these entities
6 February 2024
Deloitte partners with Workiva and Informatica
The collaboration integrates AI data management and cloud-based reporting into the advisory’s ESG compliance services
31 January 2024
The carrot in addition to the stick
FCA’s proposed regime on non-financial misconduct shines light on firms’ workplace culture
18 January 2024
Novata launches carbon navigator
Company’s new product aims to simplify carbon data management and reporting
18 January 2024
Ecovadis adds Vitals to IQ Plus platform
Vitals is a questionnaire aimed at helping businesses manage supply chain sustainability risks
12 January 2024
Apex launches new ESG brand
Holtara is a combined effort from Apex and MJ Hudson, providing data, reporting and advisory services
21 December 2023
Efama argues for sustainable product categories
Call comes in wake of publication of the UK’s SDR and as SFDR consultation is underway
19 December 2023
Voluntary ESG ratings code of conduct launches
ICMA and IRSG have launched the code to increase transparency in the services of ESG data providers
12 December 2023
Confluence partners with Manaos on SFDR reporting
Confluence to provide ESG and disclosure templates through Manaos’s platform
11 December 2023
The UK’s nice green labelling machine
Response to FCA’s SDR positive as regulatory arbitrage remains around applicability to overseas funds, portfolio management and practice of its highly anticipated anti-greenwashing rule
6 December 2023
ESAs add granularity to RTS
The draft technical standards have some suggested amendments, improving the detail of the disclosures made
1 December 2023
ESG, retail investors and you
The latest Efama conference brought together regulators and asset managers who championed the idea for product instead of fund labels and brainstormed ideas for retailisation
29 November 2023
SDR policy launched
The FCA is introducing an anti-greenwashing rule, four product labels and marketing requirements for investment funds
28 November 2023
Carbon Accounting Alliance launches
Group of 35 organisations represents emissions of 24,000 companies
16 November 2023
Novata expands ESG platform
The technology has improved its SFDR tools to assist fund managers with data analysis and reporting requirements
14 November 2023
Abris Capital launches DEI code for portfolio
Firm makes commitments across education, governance, ownership and process with the aim of influencing industry practice
9 November 2023
Driftwood Climate comes ashore
Boutique consulting firm to advise on climate strategy, decarbonisation and climate impact
7 November 2023
PE sustainability initiatives launch decarbonisation roadmap
The PMDR has been launched by the Initiative Climat International and the Sustainable Markets Initiative’s Private Equity Task Force, supported by Bain & Company
1 November 2023
CMA publishes Green Agreements Guidance
GPs and LPs are unlikely to infringe upon UK competition law for pursuing environmental sustainability agreements
30 October 2023
TMF launches ESG administration
Company aims to assist firms with setting up, defining and reporting on ESG frameworks
27 October 2023
Clarity AI and Next Gate Tech join forces
Sustainability tech platform and fintech firm team up to automate sustainability data collection across portfolios
24 October 2023
PRI launches co-design process for Progression Pathways
Association aims to clarify different roles investors play in a sustainable financial system and enable increasingly targeted support
23 October 2023
DIF Capital appoints head of ESG
Lorraine Becker steps into the role after two years as principal consultant at Environmental Resources Management
23 October 2023
Rubbish in, rubbish out?
The latest SFDR consultation gets the industry thinking about improving entity-level disclosures
20 October 2023
European Parliament rejects ESRS objection
MEPs call for private sector to contribute to corporate sustainability transparency
10 October 2023
Inrate partners with TMX
Company to provide ESG impact ratings and climate intelligence for ESG data hub
9 October 2023
Apex expands ESG solutions
Fund administrator offers compliance, reporting and consulting services after its acquisition of MJ Hudson’s ESG advisory businesses
22 September 2023
ERM and Greenomy join forces
The sustainability consultancy aims to incorporate Greenomy’s ESG reporting services
21 September 2023
EU to sharpen ban on greenwashing
Predominantly aimed at consumers, some rules of new directive could target funds’ marketing communications
21 September 2023
Investment Association calls for EU reforms
Trade body highlights sustainability, new technologies and greater alignment on regulatory issues as areas of concern
18 September 2023
Amicorp launches ESG reporting and rating service
The new service includes audited ESG reports, analysis, business planning and policy implementation
15 September 2023
Arup and Re:Co launch digital sustainability services
Partnership aims to link sustainability outcomes with value creation and support decision making
15 September 2023
European Commission opens SFDR consultation
Regulator aims to address shortcomings of legal certainty, usability and potential to counter greenwashing
14 September 2023
Ambienta formalises science-based targets
The firm aims to measure its internal percentage of emission reduction and percentage of invested capital with validated targets
13 September 2023
GPs find brand perception key reason for ESG reporting
A survey conducted by Oliver Wyman and Novata highlights challenges for measuring ESG financial impact
12 September 2023
Tikehau invests in Anthesis
Tikehau shares ownership of the ESG consultancy with Carlyle, Palatine and Anthesis employee shareholders
11 September 2023
Data constraints the biggest ESG integration hurdle
Some 71% of respondents to the BNP Paribas ESG Global Survey 2023 find lack of ESG data quality a major barrier to making more sustainable investments
17 August 2023
Petra Funds joins forces with Novata
Partnership aims to support with collection, analysis and reporting of ESG data
16 August 2023
Stafford appoints head of sustainability
Marta Jankovic joins from APG Asset Management where she advised on EU sustainability regulation
1 August 2023
EFRAG to develop sustainability reporting standards
Association to establish voluntary sustainability reporting standards for SMEs outside of the CSRD’s scope
31 July 2023
Invest Europe opens up ESG reporting guidelines
Previously for members only, the guidelines constitute a bid to harmonise and consolidate ESG reporting standards
24 July 2023
Iceberg Data Lab launches Barbatus
The tool uses generative AI to produce ESG data analysis
18 July 2023
Worldfavor partners with Northpeak
The collaboration will combine Worldfavor’s sustainability data platform with Northpeak’s ESG consultancy services
11 July 2023
Unpacking the EU Commission’s sustainable finance package
Concerns about complexity remain as bloc aligns legislation on sustainable investments and looks to regulate ESG ratings providers
6 July 2023
ESMA launches CSA
ESMA and NCAs aim to assess SFDR compliance of supervised asset managers
6 July 2023
Raising the (global) standard
What impact are the ISSB’s disclosure standards expected to have on global sustainability reporting requirements?
14 June 2023
European Commission updates sustainable finance framework
The Commission has proposed the requirement to regulate ESG ratings providers under ESMA
13 June 2023
Novata expands ESG benchmarking offering
The service will encompass 50 universal and more than 200 sector-specific benchmarks
13 June 2023
Increase in designated ESG managers at PE firms
Survey found nearly 69% of firms to have a dedicated ESG professional
8 June 2023
The Drawdown Awards 2023: Winners announced
Congratulations to all of the winners of The Drawdown Awards 2023
7 June 2023
ESMA provides update on greenwashing
ESMA has published one of the three ESA reports on mitigating greenwashing risks, highlighting key concerns and preventative measures