What’s Happening in Sustainable Finance: Funding Emerging Markets’ Climate Adaption, Regulatory Focus on Scope 3 Emissions, and More
As 2022 winds down, we discuss notable developments in sustainable finance, including global green bond issuance surpassing $2 trillion, growing regulatory focus on scope 3 emissions reporting, and opportunities to support climate adaptation, and just transition in emerging market via sustainable finance activities.
Danish Delegation Engages Sustainalytics’ Biodiversity Expert, Enabling Front Row Access to COP15 Negotiations
Finance Day within the U.N. Biodiversity Conference (COP15) is fast approaching, and Morningstar Sustainalytics’ team members will be in attendance, each focusing on different investor biodiversity considerations related to active ownership.
Governance in Brief – December 8, 2022
EU Parliament approves directive boosting female board representation The European Parliament has approved a directive requiring the “underrepresented sex” to make up 40% of non-executive director roles or 33% of all director roles of publicly listed EU companies, excluding small and medium enterprises, by June 2026. According to the “Women on Boards” Directive, which was passed 10 years after it was first proposed by the European Commission, companies will have to annually report on board gender representation to authorities and, in case targets are not met, explain how they plan to attain them. Additionally, Member States will have to set up a penalty system, including fines or annulment of director selection, for noncompliant companies.
On the Path to Compliance: An EU Action Plan Timeline
As the EU Action Plan’s legislative framework is being formalized and implemented, many investment firms may still need clarity on its regulations and terminology. In this blog, we demystify 10 key terms to help you better understand the EU Action Plan.
Infographic | What's Driving Corporate ESG? CSR and Sustainability Professionals Have Their Say
Discover what CSR and sustainability professionals say are the top motivations and influences driving their firms’ corporate ESG programs in our infographic, featuring data from the Morningstar Sustainalytics Corporate ESG Survey Report 2022: CSR and Sustainability in Transition.
Sustainable Finance Insights: Special Episode on Sustainable Finance in the Metals, Mining and Commodities Sector
In this special episode, we focus on sustainable and transition finance opportunities for issuers in the metals and mining sector and discuss considerations for banks, issuers and investors to fund improvements and mitigate environmental, social and regulatory risks.
Governance in Brief – December 1, 2022
Intel changes performance metrics for CEO’s new-hire award Intel has amended the new hire agreement for CEO Pat Gelsinger by increasing the share price growth target from 30% to 50%, extending the post-grant vesting period from three to five years, and increasing the number of trading days during which target prices need to be maintained from 30 to 90 days. The decision comes after more than half of votes cast by shareholders at the 2022 AGM opposed the company’s remuneration report.
Demystifying the EU Action Plan: 10 Key Terms Explained
As the EU Action Plan’s legislative framework is being formalized and implemented, many investment firms may still need clarity on its regulations and terminology. In this blog, we demystify 10 key terms to help you better understand the EU Action Plan.
What’s Happening in Sustainable Finance: Sovereigns Focus on Biodiversity, Use of Proceed Instruments Gaining Ground as Sustainability-Linked Instruments Face Scrutiny, and More
Our review of the sustainable finance market looks at GSSS bright spots amid global financial headwinds, sovereign and corporates’ focus on biodiversity, and the uptick in use of proceed instruments as sustainability-linked instruments face scrutiny.
Governance in Brief – November 24, 2022
Costco to set new emissions targets following activist demands Activist investment firm Green Century Capital Management claims that Costco Wholesale Corp has pledged to set new Scope 3 climate reduction targets in 2023. At Costco’s January 2022 AGM, 70% of votes supported a proposal from Green Century for the company to include emissions from producers and distributors in its net-zero greenhouse gas emissions targets.
Physical Climate Risk: Preparing Your Portfolio for a Changing Climate
The physical climate risks affecting assets are likely to increase in the coming years, as the impacts of climate change are felt more frequently and with more intensity. In this guide, learn how companies and investors can assess their exposure to physical climate risks.
Governance in Brief – November 17, 2022
Renault to potentially spin off EV line and partner with Geely French carmaker Renault Group has announced plans to split its activities into five separate businesses: “Ampere” (electrical vehicles), “Power” (combustion- and hybrid-engine assets), “Alpine” (sports cars), “Mobilize” (financial services), and “The Future is Neutral” (recycling activities). The company is considering listing Ampere on Euronext Paris in 2023 and has said that it will welcome external investors while maintaining a “strong majority.”
ESG Data Market Gaps: 3 Areas of Interest for Investors Measuring Material ESG Risk
Many global investors already incorporate ESG factors into their evaluation of public companies across developed markets. We are now observing increasing interest in applying ESG considerations across a broader set of asset classes and regions.
On-Demand Webinar: Cyberattacks, Corporate Exposure, and Material ESG Risk
Data privacy and cybersecurity-related issues have become major drivers of business risk in recent years. Cyber risk is “the most immediate and financially material sustainability risk that organizations face today,” according to the World Economic Forum.