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Leaked Docs Reveal How Binance Dealt With US Regulations: Report

Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.Crypto trading colossus Binance created a corporate plan for profiting from the U.S. market while avoiding regulatory scrutiny, Forbes reported Thursday, citing a 2018 document it obtained.

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CUSIP and ACRe Data Link Muni CUSIP Identifiers with ESG Scores

Securities identification service provider CUSIP Global Services (CGS) and municipal bond ESG scoring provider ACRe Data announced today a partnership to link municipal CUSIP identifiers with ESG scores and other geographic and socioeconomic data. The partnership aims to provide institutional and retail investors with a clearer perspective on ESG risk assessments of their municipal bond […]

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Util Launches AI-based ESG Analytics Solution to Assess Company Impact on UN SDGs

London-based fintech company Util announced today the release of an AI-based analytics solution designed to measure companies’ impact on the 17 United Nations Sustainable Development Goals (SDGs). According to Util, the new solution aims to fill a gap in the market for data that can keep investors informed of the true impact of their investments, […]

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AllianceBernstein Sets Sustainability Policies Covering Climate, Forced Labor, Vendors

Global asset management firm AllianceBernstein (AB) announced today that it has established a set of sustainability policies relating to climate change, forced labor and vendor conduct. The policies aim to guide AB’s activities both within its own operations, as well as in the firm’s investments. The firm has published policy statements regarding each of these […]

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South Korea Sets Goal for Carbon Neutrality by 2050, Closely Following Japan

South Korea President Moon Jae-in announced a new climate goal for the country, targeting carbon neutrality by 2050. The announcement comes days a similar pledge made by Japanese Prime Minister Yoshihide Suga. In a speech to South Korea’s National Assembly, Moon outlined aspects of the “Green New Deal,” which includes investments of eight trillion won […]

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Cazenove Capital Introduces Fund Carbon Offset Initiative

Wealth management firm Cazenove Capital, part of the Schroders Group, announced today a new initiative to offset the carbon footprint of its Charity Responsible Multi-Asset Fund, in collaboration with climate-focused social enterprise Ecologi. According to Cazenove, the carbon offset cost will be absorbed by the firm, rather than being passed on to investors. Cazenove stated […]

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TCFD Reports 85% Increase in Organizations Supporting Climate Disclosure Recommendations

The Task Force on Climate-related Financial Disclosures (TCFD) announced the publication of its 2020 status report today, indicating significant progress on efforts to improve and increase reporting of climate-related financial information by organizations globally. The TCFD was established by the Financial Stability Board (FSB) in 2015, with the goal of developing consistent disclosure standards for […]

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Sustainable Finance Innovation Continues with Deutsche Bank’s First Ever ESG-Linked FX Derivative

Deutsche Bank announced today the creation of the world’s first hedging concept that links currency options to sustainability goals, in an agreement reached with metallurgical plant solutions provider Primetals Technologies. According to Deutsche Bank, the new framework enables Primetals to hedge its currency risk with FX options with the bank over a period of four […]

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Ball Secures Naming Rights for Home of Denver Nuggets in Sustainability-Themed Deal

Sustainable packaging solutions provider Ball Corporation announced that it has secured the naming rights for the former Pepsi Center, in a deal reached with Kroenke Sports & Entertainment (KSE). According to the companies, the deal is part of a first-of-its kind global partnership across three marquee venues in Denver, Los Angeles and London, aimed at […]

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IKEA Foundation Partners with Partnership for Carbon Accounting Financials

The IKEA Foundation, funded by the, owner of the Ingka Group of companies, announced a new partnership with the Partnership for Carbon Accounting Financials (PCAF), a global partnership of financial institutions with a mission to develop and implement a harmonized approach to assess and disclose the greenhouse gas (GHG) emissions associated with their loans and […]

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