La pertinence des labels ISR dans le contexte de la SFDR et des mesures de l’AMF contre le greenwashing

Une marée de réglementations liées à l’ESG s’abat sur les investisseurs institutionnels. Avec l’introduction de SFDR et les obligations de publication mises en place par l’AMF, se pose la question d’une possible obsolescence des labels ISR dans la lutte contre le greenwashing. Un phénomène qui inquiète de plus en plus les investisseurs et les régulateurs au vue de la croissance constante du marché des fond ISR. Pendant de nombreuses années, l’industrie s’est auto-régulée en s’accordant sur une définition générale de l’investissement responsable et/ou en se tournant vers les opérateurs de labels pour créer des standards de marché.

Infographic | 6 Factors Showing Supply Chain Sustainability

Infographic | 6 Factors Showing Supply Chain Sustainability

This infographic that breaks down six crucial factors for identifying strong and weak sustainability traits in any organization.

supply chain checklist

The Sustainable Supply Chain Checklist: Essential ESG Action Items

For organizations new to ESG for supply chains, The Sustainable Supply Chain Checklist will help get you started.

EU Flags

EC Taxonomy Delegated Act - Morningstar Comment Letter

Response to EC 7th May 2021 Draft Delegated Regulation, Taxonomy From Morningstar Inc. and Sustainalytics, a Morningstar Company Submitted via the European Commission portal for feedback

Read how Nutrien used Sustainalytics' Socio-Economic Impact Report to quantify the social and economic impact of their sustainability efforts, particularly supplier diversity.

The Why and the How of Socio-Economic Impact Reporting

As CSR has evolved, companies have become accountable to more than just their shareholders. Stakeholders of all stripes are demanding greater accountability and transparency from organizations. Socio-economic impact reporting goes beyond traditional CSR to provide quantifiable evidence of a company’s positive socio-economic impact on its stakeholders.

Race, Ethnicity and Public Equity

ESG Spotlight Report - Race, Ethnicity and Public Equity: A Global Snapshot

Sustainalytics has published a new ESG Spotlight Series report, Race, Ethnicity and Public Equity: A Global Snapshot, which presents an analysis of racial and ethnic issues linked to listed companies’ operations, supply chains and the societal impacts of their business activities. Our research finds that although a growing number of firms are disclosing diversity and anti-discrimination initiatives, management gaps persist and related controversies are on the rise.

governance in brief

Governance in Brief – June 10, 2021

The U.S. SEC will not enforce the changes to its proxy advisory regulations that it adopted in July 2020. Moreover, it will consider “further regulatory action” following a review of both these rules and related guidance documents issued in 2019.

Sustainable Finance Insights - Climate Adaptation, Biodiversity, Natural Capital, and More

In this monthly round-up of sustainable finance news, transactions, and regulations, Nick and Cheryl discuss the importance of biodiversity, demands for more sustainability reporting standards and answer listener questions.

Drill in ocean

Royal Dutch Shell Court Order Shifts Paradigm for Corporate ESG Accountability

On 26 May 2021, the Court of The Hague orders Royal Dutch Shell (RDS) to reduce CO2 emissions to a net 45% by the end of 2030 compared to 2019 through the Group Policy of the Shell Group. The order of a national (Dutch) court demands that a global company (RDS) fulfills its obligations under the Paris Climate Agreement, although RDS was not a party in that agreement, and there is no legal equivalent in The Netherlands. What are the broader consequences of this order, also globally and for other companies and potentially also other jurisdictions?

European union flags

SFDR : le connu, l'inconnu et l'incertain

Écoutez notre panel d'experts et de représentants de l’industrie échanger sur les enjeux à venir dans la mise en place de la SFDR.

European union flags

Asia Pacific: Navigating the EU SFDR Regulations

The EU Action Plan raises the bar for transparency and accountability on sustainable finance and the investment management industry. Hear from Sustainalytics' Anne Schoemaker, Associate Director, Product Strategy and Development and William Ridout, Senior Product Manager, for an insightful event for Asia Pacific investors focusing on EU Taxonomy and Sustainable Finance Disclosure Regulation (SFDR).

governance in brief

Governance in Brief – June 3, 2021

A Dutch court has ordered Royal Dutch Shell (“Shell”) to reduce its CO2 emissions by net 45% by the end of 2030. The lawsuit was filed in April 2019 by NGO Milieudefensie and claims that Shell is “misleading the general public with regard to the (un)sustainability of its policies” and set “insufficient” climate ambitions.

Thematic engagement graphic

Thematic Engagement - The Next Normal

Join Sustainalytics’ Stewardship Services team as they introduce an exciting, future-focused bundle of thematic engagements, The Next Normal.

ESG Insights in Supply Chains

In this special episode, our host Nick Gandolfo is joined by Nicole Verkindt, Director, Sustainalytics Corporate Solutions to discuss the role of ESG in supply chains and its importance for both buyers and suppliers.

governance in brief

Governance in Brief – June 3, 2021

A Dutch court has ordered Royal Dutch Shell (“Shell”) to reduce its CO2 emissions by net 45% by the end of 2030. The lawsuit was filed in April 2019 by NGO Milieudefensie and claims that Shell is “misleading the general public with regard to the (un)sustainability of its policies” and set “insufficient” climate ambitions.

EU Taxonomy

New Draft Disclosure Rules Change Timelines and Scope of EU Taxonomy

In recent months, a lot has been said and written about the EU Taxonomy, the green classification system of economic activities that aims to drive capital flows to sustainable investments supporting the EU’s policy goals on climate and the environment. Political, corporate, and civil society lobbying reached its peak when the EU published draft rules last December, which deviated substantially from expert recommendations. However, the latest draft delegated act with rules on Taxonomy reporting published by the European Commission on May 7th has received far less attention even though some of the proposed changes affect the practical implementation timelines as well as the scope and ambition of the regulation.

governance in brief

Governance in Brief – May 20, 2021

Mizuho Financial Group, Japan's third largest bank by assets, will cease financing new thermal coal mining projects starting June 1.

Les points communs entre la réglementation française et européenne en matière d’ISR

Quand les nouvelles réglementations sur les investissements durables et responsables (ISR) furent annoncées avec le « EU Action Plan », les institutionnels français n'ont pas cillé. Depuis l'accord de Paris en 2015, de nombreuses nouvelles obligations réglementaires liées à la publication d’information et à l’analyse ESG ont influencé les stratégies d’investissements responsables des institutionnels français. Le règlement SFDR qui est entré en vigueur le 10 mars dernier vient s’ajouter au cadre réglementaire local en matière de reporting.

indonesia

ESG Disclosure and Performance in Southeast Asia

Strategically located at the centre of Asia Pacific, with a young population of more than 675 million across 11 countries, Southeast Asia is an economic block with one of the world’s fastest GDP growth rate. In recent years, the region has been attracting the attention of global investors. At the same time, in the context of responsible investing moving from a niche activity to the mainstream, research on the environmental, social, and governance (ESG) performance of Southeast Asia companies is limited. In this article, we have a deeper look at the ESG disclosure and performance of major Southeast Asia countries, focusing on the ASEAN-6 countries (Singapore, Malaysia, Thailand, Vietnam, Indonesia, and the Philippines).

governance in brief

Governance in Brief – May 12, 2021

The US 2021 proxy season has seen an early surge in failed say-on-pay votes amidst greater scrutiny on executive compensation.