Dominic Webb
The latest ESG movers and shakers: Credit Suisse poaches Chow from HSBC AM, Climate Bonds Initiative loses LatAm head.
Passive funds, mainly tracking PABs and CTBs, accounted for a disproportionate amount of those that dropped the Article 9 classification.
Investors and industry groups welcome ambition of proposals but submit long list of concerns, alterations and clarifications.
CofE Pensions Board to chair new commission looking at mining sector standards across E and S topics to 'ensure social licence continues'.
Proposed guidelines could lead to many Article 8 funds ditching the designation and changing names to avoid restructuring costs.
Some funds investing solely in ESG debt were downgraded last year as other managers take a cautious approach to initial classification.
BNY Mellon, State Street and Fidelity sought to have funds removed as Texas Teachers completed divestment of blacklisted firms.
Insight Investment warns of ‘two tier’ system in market as gulf in framework quality continues to grow, but certification levels improve.
EFAMA, ICMA, AFME call for nuance on intentionality and focus on improving existing regulations in responses to consultation on greenwashing.
Largest opposition party queries business minister after story accuses Danske of failing to hold energy companies to account.