Khalid Azizuddin
The green supervisory group predicted that anti-ESG litigation could taper off as climate change risks materialise.
Around 1,800 EU ESG funds have invested in nuclear energy companies aligned to the taxonomy.
The initiative will complement the region’s green taxonomy, currently in draft stage.
Kiwi banks lag on climate disclosures; FCA to consult on ESG disclosures for securitisation market.
The target-setting framework has soared in popularity despite concerns over governance and methodology.
Carbon Tracker has criticised government policies for giving ‘mixed messages’ on climate change.
The supervisor has issued voluntary guidance ahead of future mandatory requirements.
ANZ has been identified as the worst performer due to policy, governance and disclosure shortcomings.
Concerns remain over uneven progress among companies and the high frequency of ESG controversies.
UK government to require publication of ‘resilience statements’ including climate details, NBIM responds to SASB consultation.