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EU agreement on ESG Ratings seen as world’s toughest

by AIP Online Bureau | Feb 7, 2024 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation, Risk Management

Under the agreement, ESG ratings providers based in the EU “will need to obtain an authorization” from the European Securities and Markets Authority, the Council said A provisional agreement in the European Union setting guardrails around the ESG [environmental,...

Banks and insurers to lose reprieve from EU’s toughest ESG rule

by AIP Online Bureau | Jan 31, 2024 | Eco/Invest/Demography, International News, Life, Non-Life, Policy, Regulation, Reinsurance

The European Parliament and the European Council are moving toward an agreement that banks, asset managers and insurers should be viewed in the same way as other companies when it comes to ensuring that their value chains aren’t subject to environmental or human...

EU banks told to review clients in historic ESG crackdown

by AIP Online Bureau | Oct 17, 2023 | Banking & Bancassurance, Climate, Environment, Renewable Energy, Eco/Invest/Demography, International News, Policy, Regulation

Global banking and financial stability organizations are all reviewing reporting and capital frameworks, though none has moved as fast as the EU in setting firm requirements. The Basel Committee on Banking Supervision expects to publish a proposed framework for...
Decarbonisation gaining pace but have to learn to survive in hot new world: Sanjiv Puri

Decarbonisation gaining pace but have to learn to survive in hot new world: Sanjiv Puri

by AIP Online Bureau | Aug 27, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Risk Management

ITC chairman and managing director Sanjiv Puri said on Sunday said that the extreme climate change events that have plagued the world are “here to stay” and the companies in India should fine-tune their strategies in accordance to the climate change that...

UN, UNDP showcase responsible business actions for sustainable development at B20 event

by AIP Online Bureau | Aug 26, 2023 | Climate, Environment, Renewable Energy, Eco/Invest/Demography, Indian News, Policy

The private sector’s role in respect of the Sustainable Development Goals should not be limited to just financing and investment. There is a massive opportunity to achieve big efficiency gains; drive innovation; and enhance reputation, especially when public...
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