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EIB's ESG score to be re-evaluated if new weapons policy agreed, Morningstar Sustainalytics says

The European Investment Bank's top-notch ESG score would need to be re-evaluated if it bows to pressure and starts explicitly funding weapons and ammunition, one of the world's leading ESG rating firms, Morningstar Sustainalytics, said. The European Commission and more than a dozen EU governments have been increasing pressure on the bloc's lending arm in recent weeks to end its near-total ban on weapons funding to help strengthen Europe's defence industry. New EIB President...
City Of United Kingdom Amelia Peden Marc Jones Nadia Calvino Morningstar Sustainalytics
Source: yahoo.com

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China's sustainability funds have tripled since launch of 'dual carbon goals', but concerns over disclosure requirements, investor education remain: Morningstar

The number of sustainability funds has tripled since the worldโ€™s largest emitter of greenhouse gases pledged to peak emissions by 2030 and reach carbon neutrality by 2060, with local asset managers seizing opportunities arising from the green transition, Morningstar says.
Jingxia Dai China Securities Regulatory Commission Shanghai Stock Exchange Stock Exchange Administration Commission Of The State Council Shenzhen Stock Exchange
Source: scmp.com

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