The European Securities and Markets Authority (ESMA) is reviewing new rules on naming sustainable investment funds after concerns were raised that they may limit funding for polluters seeking to decarbonize. The rules, effective Nov. 21, restrict funds labeled as "green" or "sustainable" from investing in high-pollution sectors like oil, gas, and coal.
Fund managers may need…
In 2024, Environmental, Social, and Governance (ESG) reporting has become a critical aspect of corporate transparency, evolving from a voluntary practice to a business imperative. With increasing pressure from stakeholders—including investors, regulators, consumers, and employees—companies are expected to disclose their impact on the environment, society, and governance structures. Investors now incorporate ESG performance into risk…
As sustainable investing gains traction, ESG data has become a crucial tool for global investors. Moving beyond traditional financial metrics, ESG factors help assess long-term risks, identify opportunities, and measure the sustainability of companies. This shift is fueled by growing regulatory pressures, changing investor priorities, and an increased focus on corporate responsibility. In this blog,…
The European Securities and Markets Authority (ESMA) has released the 2024 EU Carbon Markets Report, detailing the performance of the EU Emissions Trading System (EU ETS).
Key Findings:
Prices: EU ETS prices have dropped in 2023 due to lower demand, falling gas prices, and increased supply for the REPowerEU plan.
Auctions: 10 participants bought…
