Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service.  A suite of MSCI environmental, social and governance indices outperformed their non-ESG parent despite surging energy stock prices last year, but analysts say the findings deserve careful scrutiny. Researchers from MSCI examined the performance of the MSCI All Country World Index, the provider’s flagship broad global equity index of more than 2,900 large- and mid-cap stocks, and compared performance with five ESG versions of the index.

Banks are increasingly vying to establish their ESG credentials in a very competitive marketplace, in the wake of last year’s COP26 climate talks and as they look to differentiate in the year ahead.For the first time, a full list of banks’ credentials has been compiled, carried out by East & Partners. 

The European Commission took a major step towards including investments in gas and nuclear-based energy in the list of sustainable activities under the new EU taxonomy classification system, with the publication and presentation today of a Taxonomy Complementary Climate Delegated Act proposing criteria and disclosure rules for their inclusion.The EU Taxonomy is part of the EU Action Plan on Sustainable Finance, established by the EU Technical Expert Group on Sustainable Finance (EU TEG). The taxonomy is a classification system enabling the categorization of economic activities that play key roles in contributing to at least one of six defined environmental objectives, starting with climate change mitigation and climate change adaptation, and no significant harm done to the other objectives...

Jamie McDonald: Arne, thank you so much for taking the time to chat with us this afternoon.Arne Staal: Of course. Thanks for spending the time with me.Jamie: The main issue I want to chat with you about is really around how the world of finance can affect the world of the environment and climate change. And with the rise of passive investing, are indices now playing the most important role when it comes to affecting ESG and issues in and around climate change?Arne: There is so much that needs to happen through finance to support sustainability and climate goals in particular. Financial markets have a huge role to play there because this is all about reallocating capital to support a transition to a much lower carbon economy globally, not just for individual countries. A...

The recently launched Taskforce on Nature-related Financial Disclosures (TNFD) announced a series of organizations that are participating as knowledge partners supporting its initiative to develop an integrated risk management and disclosure framework for nature-related risks.The multi-disciplinary knowledge partner group encompasses a broad range of leading international sustainability-focused standard-setting, corporate reporting, and sustainable finance organizations, including: Agence Française de Développement (AFD), CDP, Cambridge Institute for Sustainability Leadership (CISL), Global Reporting Initiative (GRI), International Union for Conservation of Nature (IUCN), Network for Greening the Financial System (NGFS), the SASB Standards Research Team, the Science Based Targets Networ...