Dominic Webb
The latest developments in sustainable finance: Climate funds set to see net outflows in 2024; EU bodies fail to resolve deforestation debate.
Fund increases rigour of solutions taxonomy as it shares progress update on landmark sustainable investment programme.
BaFin, Dutch and Danish regulators recognise pressure on companies, others are still hammering out details.
The latest developments in sustainable finance: UK government says ESG ratings regs will help defence sector, AXA IM calls for more sign-ups to common ground taxonomy.
Long-awaited taxonomy delayed again as government considers use cases; next steps on ESG ratings regulation revealed.
Policy reforms remain 'substantially insufficient' to put economies on 1.5C pathway; asset owners cite policy as biggest barrier to transition finance.
Speaking to Responsible Investor, Kunal Kapoor warns of ESG 'stalemate' and calls for focus on financial materiality to convince doubters.
FRC also proposes changes to stewardship definition to clarify focus on clients and beneficiaries.
Manager to apply impact label to two of its funds, becoming first firm to label multiple funds, as Ninety One also announces first label.
Investors are not despairing at aligning the two regulatory regimes, but key concepts including sustainable investment definitions remain elusive.