Khalid Azizuddin
The APAC responsible finance industry came together in Singapore to discuss the region’s key ESG priorities.
Separately, the ECB has published research on different types of carbon emissions regulations and what these could achieve,
Part 3 of RI's Scope 3 Series: Machine learning and disclosures of prediction error for estimates could help improve Scope 3 data usability for investors.
The EU is on track to deliver key legislation on ESG ratings.
Significant progress is being made on the topics of coal phase-outs, scenario analysis and improving ESG data.
Measures to encourage demand for smaller providers have also survived a key parliamentary vote.
The pilot project will provide proof of concept for a new carbon credit scheme from Verra.
An ECB paper has separately criticised banks for joining net-zero initiatives without a clear decarbonisation strategy.
A spokesperson for the firm tells RI the decision was 'a difficult one'.
The study will inform an upcoming discussion between the ECB and the ECON committee.