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SSF Newsletter August 2021
 
Impact in Focus
 
Dear all
 

With all the recent news, Sustainable Finance seems to have missed a summer break. Currently, different consultations on draft frameworks are open for comments and we are an active participant in many of them. SSF has already joined the discussion on the CFA ESG standards, for which feedback is now closed, and is currently consolidating input on the much disputed EU extended and social taxonomy.

The recent weather extremes, both in Switzerland and globally, have highlighted the urgency of climate risks. The role of the financial sector in addressing them has become a very prominent topic in the media. One of the key questions raised in this context is, to what extent sustainable finance has real world impact. This is something that we at SSF will definitely keep addressing – whether it be within our various workgroups, in the media, or at one of the many upcoming in-person events, in which SSF is involved.

 

Kind regards and stay healthy,
Kelly Hess
Director Projects (SSF)

 
 
 
 
 
 
Newsletter content
 

SSF activities at a glance

Regulatory and market news

New members joining SSF

Join these events

SSF and sustainable finance in the media

New reports & studies

 
 
 
 
SSF activities at a glance
 
 
Upcoming conference on Novel Data Solutions
 
 
 
 

On 6 October, SSF and ZHAW will host a conference dedicated to “Novel Data Solutions”, providing participants with insights into the newest technologies that support data gathering to improve sustainability research and ratings. The detailed program and registration can be found on the conference website. SSF member discounts available.

More >
 
 
 
 
SSF Response to CFA Consultation
 

The CFA Institute is currently in the process of creating a standard to improve comparability and transparency with regards to ESG disclosure standards for investment products. SSF provided input during the consultation process on the exposure draft, which can be accessed online.

 
 
 
 
 
 

> Read more about these and other SSF activities

 
 
 
 
Regulatory and market news
 
 

International development

Market trends

  • Recently sustainable bonds have been gaining market presence, with UBS launching its Green Funding Framework for Swiss low energy property and emitting its first green bonds, and ResponsAbility bringing to the market a new social bond totalling 177.5 million USD along with SIDA (Sweden) and Danske Bank.
  • According to the Global Sustainable Investment Review  2020, there has been a 15% increase in the world’s global sustainable investments between 2018 and 2020. Nevertheless, the report noted regional shifts, with Europe reporting less assets likely due to revised definitions around sustainable investments in Europe.  
  • PRI signatories perform better in their asset management than non-PRI signatories according to a new study by CEM Benchmarking. PRI signatories exhibited lower fund costs, a higher average total fund net value added and a higher 5-year average net value return in the USA, Canada and the UK.
 
 
 
New members and network partners
 
 

We are very happy to welcome the following organisations to our network:

The full list of our members and network partners, now standing at 186, can be found on the SSF website.

 
 
 
Join these events
 
 

Other sustainable finance events, partnered by SSF

 
 
 
SSF and sustainable finance in the media
 
 

> Visit our website for more articles and regular updates

 
 
 
New studies & reports
 
 
A Legal Framework for Impact: Sustainability impact in investor decision-making
 

As part of a joint programme on "A Legal Framework for Impact", the PRI, UNEP FI and The Generation Foundation commissioned a legal analysis aiming to determine the extent to which legal frameworks enable investors to consider impact in their activities. The report, authored by Freshfields Bruckhaus Deringer,  found that across all jurisdictions and investor groups investing for sustainability impact approaches are employed effectively in at least some cases.

More >
 
 
 
ECB Report on Climate-related risk and financial stability
 

In this joint report between the European Central Bank (ECB) and the European Systemic Risk Board (ESRB), climate risks to the financial system are analysed within three climate models, cover both transition risks and physical risks, and expose potential gaps in the models.

More >
 
 
Nature’s next stewards: Why central bankers need to take action on biodiversity risk
 

The report was published within the scope of WWF’s Greening Financial Regulation Initiative which supports the financial sector in enhancing the financial sector’s stability and resilience to climate-related and broader environmental and social risks, while enabling the mobilisation of capital for the transition to a low-carbon, resilient and sustainable economy. It reports on the urgency for the financial sector to engage with the risk of unprecedented nature loss and the need for inclusion of climate considerations in existing mandates. 

More >
 
 
 
Financial Sector Guide for the Convention on Biological Diversity
 

The Convention on Biological Diversity (CBD) is an internationally binding treaty signed in 1992 with the aim of providing a framework for action on biodiversity. This Guide aims to mobilise financial institutions to ensure a nature positive world, by fostering better understanding of nature’s importance for the financial sector, providing insight on the CBD process.

More >
 

> Find these and other reports in our Digital Library on Sustainable Finance

 
 
 
 
 
 
 
 
 

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Interested in joining our network of members and partners?  > Learn more

 
 
 
 
 
 
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