14th June 2023 News

BlackRock launches transition fund

The BlackRock Global Funds Brown to Green Materials Fund will invest in carbon-intensive companies (metals and mining, chemicals, steel, and construction materials etc,) that have a strong transition strategy and/or companies that supply the materials for transition. Read more

EU Commission Proposes Regulation of ESG Ratings Providers

EU Commission released a series of regulations including a new proposal to regulate ESG ratings providers, and the introduction of a new set of criteria for sustainable economic activities under the EU Taxonomy. Under the proposal, providers will be required to use methodologies that are “rigorous, systematic, objective and subject to validation”. Read more

ESG Chronicle Team