Newsletter: June
Welcome to Canbury’s June newsletter. This month, we cover insights into our anti-greenwashing rule solution, our approach to scenario analysis, and how we assess nature-related risks. Scroll to register for our upcoming webinar on the U.S. sustainable policy landscape, and learn more about our full-service SDR solution and research on deforestation in Canada’s boreal. See below for our upcoming research with GSIA on systems change, read about California’s two new climate disclosure bills, or sign-up to participate in Canbury’s inaugural ‘Bike to Brighton’.
If you’d welcome a call on any of the content in our newsletter, please get in touch. Or if you find yourself in Central London, do call in.
- Many thanks,
- The Canbury Team
Meet the requirements: Anti-greenwashing rules
For the UK market, the Financial Conduct Authority (FCA) has just finalised its anti-greenwashing rule and guidance. We believe that asset managers who are comfortable leveraging AI will have a competitive edge in meeting not only the UK’s anti-greenwashing rule, but also other markets’ related regulations.
Our AI-powered tool is ready to help you navigate anti-greenwashing regulations, and highlights where sustainability claims may be unfair, unclear or misleading. Our tool involves:
- Content analysis: The tool processes both text and visual content, ensuring a thorough assessment of your materials.
- AI-assisted risk assessment: AI models analyse the collected content to identify potential greenwashing risks.
- Human review: Our team evaluates the results, and provides a layer of human oversight to ensure accuracy and relevance.
- Actionable recommendations: We provide clear, practical guidance on addressing identified risks, to ensure you maintain compliance.
- Ongoing support and future proofing: We offer continuous support to keep you informed and ahead of evolving regulations.
Our tool is cost-effective, ready-to-go, and results can be turned around in days. We can tailor the regulatory analysis to non-UK markets.
Reach out to Amiya Taggart (amiya.taggart@canbury.io) to request a demo.
Our approach to scenario analysis
We’ve developed an approach to scenario analysis that is efficient and easily comparable across strategies and portfolios. Our approach maps portfolios to the variables most likely to be impacted in different climate scenarios through academic research and NGFS models and data.
Scenario analysis is a core component of many climate reporting regulations, such as TCFD product-level reporting and IFRS S2 standards, and other incoming international regulations such as California’s SB-261, Climate-related Financial Risk Act. At Canbury, we help leverage scenario analysis outputs in alignment with TCFD, as part of full-service TCFD reporting.
Get in touch with Vishal Kumar (vishal.kumar@canbury.io) if you’d like some advice on your scenario analysis or TCFD-related reporting.
Assessing your portfolio’s nature-related risks
Assessing your portfolio’s nature-related risks
At Canbury, we perform supply chain, policy, and lobbying analysis to identify portfolios’ nature-related risk to help inform investor decision-making and meet regulatory frameworks such as those of the Taskforce on Nature-related Financial Disclosures (TNFD).
Canbury, alongside Latin America-based impact advisory firm Acrux Partners, is the consultancy behind the company-selection methodology for Spring, the PRI stewardship initiative for nature. As part of Spring and as an example, we identified deforestation hotspots, reviewed global supply chains and associated policies, identified priority policy arenas, and determined a long-list of relevant companies to engage.
If you’re interested in learning more about how nature can be considered in your portfolio and our ‘nature health-check’ service, reach out to Ben Wilmot (ben.wilmot@canbury.io).
Canbury conversations: U.S. sustainable policy landscape
In case you missed it, join Satyam Khanna and Canbury’s Will Martindale in discussion of the U.S. sustainable policy landscape, Monday 10th June, 3pm BST. The discussion will include topics such as the U.S. SEC ESG regulations, the Inflation Reduction Act, the dynamics of the U.S. election, and the anti-ESG movement.
If you’d like to join us in discussion, click here or reach out to Emmy Shaw (emmy.shaw@canbury.io) to register for the webinar.
Canbury prepares analysis on disclosure obligations and real economy regulations, like those of the U.S. SEC, to help investors navigate the changing regulatory landscape. Reach out to Amiya Taggart (amiya.taggart@canbury.io) to learn more.
A full-service ready-to-go SDR solution
KnowYourFunds and Canbury are partnering to provide asset owners and managers a full-service ready-to-go SDR solution. Our joint offering combines our expertise in sustainable investing and regulatory reporting with KnowYourFunds’ technology and data management capabilities. Our solution provides:
- SDR training tailored for sustainability, investment, and compliance teams
- Label and KPI selection for sustainable funds
- Fund-level reporting that is fully automated and at the click of a button
- Third-party assessment that is cost-effective and independent
- Ongoing maintenance including a full portfolio look through
Our partnership brings together industry knowledge, advanced technology, and a commitment to supporting our clients in their sustainable investing journey. If you’d like to arrange a demo, get in touch with Will Martindale (will.martindale@canbury.io).
Lobbying analysis: Deforestation of Canada’s boreal forest
We’re undertaking research on the lobbying activities driving deforestation in the Canadian boreal forest. With this research, we hope to enhance investor understanding of corporate lobbying activities, and identify key areas of influence to enable conservation of the unique forest ecosystem.
To find out more, get in touch with Emmy Shaw (emmy.shaw@canbury.io).
GSIA to present pivotal research on systems change at COP29
GSIA to present pivotal research on systems change at COP29
The Global Sustainable Investment Alliance (GSIA), a collaboration of membership-based sustainable investment organisations, will present research on systems change to be presented at COP29 in November 2024.
James Alexander, Chair of GSIA and CEO of UKSIF, said,
“Building on systems reform work underway elsewhere, we will present an analysis from the perspective of our members, including a rationale for systems change, an analysis of the interplay of financial markets and the real economy into which we invest, and the steps policymakers and financial institutions can take to make progress on systems reform”.
The GSIA’s research is expected to recommend a whole-of-government approach to meet Paris Climate Agreement goals, targeting policymakers, investors, and stakeholders. By presenting these recommendations at COP29, GSIA aims to catalyse global action and policy changes for rapid and large-scale decarbonisation.
The GSIA board will oversee this research led by Canbury. As part of the research, Canbury will conduct interviews with select participants. GSIA is in the process of identifying suitable interviewees.
If you are interested in participating, contact Will Martindale (will.martindale@canbury.io) to discuss.
In the news: California’s new climate rules set a new standard for emissions disclosures
In an article for Net Zero Investor, Emmy Shaw discusses California’s two new climate disclosure bills: SB-253 and SB-261, including the bills’ context, unanswered questions, and potential for wider reach across the U.S. landscape.
Click here to read or get in touch with Emmy Shaw (emmy.shaw@canbury.io) to further discuss the two bills.
ESG 🤝 Cycling
Join Canbury’s inaugural ‘Bike to Brighton’ on Thursday, 18 July. Meet us at Covent Garden at 8 am, and join us on a scenic ride to the coast.
Email us at info@canbury.io for more details.
(You don’t need to be a pro cyclist to participate!)
