MSCI downgrades ESG ratings of 31,000 funds
MSCI has made changes to its fund ESG ratings methodology that will mean 31,000 funds will see a one-off ratings downgrade.
Companies
HM Treasury consults on ESG rating regulation
The HM Treasury has started a consultation on a potential regulatory regime for ESG ratings providers.
Most UK firms not issued viable net zero plans
EY has said that over 80% of UK listed firms say they are committed to becoming net zero by 2050 but 95% have not yet disclosed detailed transition plans.
Shell publishes 2022 sustainability reports
Shell has published its sustainability and climate & energy transition reports for 2022 outlining the firm’s ESG performance.
WFE announces Green Equity Principles
The World Federation of Exchanges has announced its Green Equity Principles, the first global framework for designating stocks and shares as green.
Nestlé publishes its 2022 sustainability report
Nestlé has published its 2022 sustainability report and its climate risk and impact reports.
Jefferies publishes 2023 ESG/DEI report
Jefferies Financial Group has announced the publication of its annual ESG/DEI report.
Credit Suisse issues 2023 sustainability report
Credit Suisse has published its 2023 sustainability report that includes its climate strategy and TCFD report.
Smurfit Kappa publishes ESG research
A new survey conducted by Smurfit Kappa, in partnership with the Financial Times, shows that only 11% of businesses believe they have a robust sustainability strategy.
BMO publishes 2022 sustainability report
BMO has published its 2022 Sustainability Reporting Suite, including the 2022 BMO Climate Report.