Khalid Azizuddin
It follows a period of study on the topic building on the Bank’s 2021 climate change adaptation report.
The list of high-profile signatories include France’s central bank.
Progress has been steady, if slow, with a few bright spots.
The consideration of ESG factors is currently voluntary for European retirement schemes.
Plus: The UK and Singapore unveil partnership on sustainable finance and green economy initiatives.
It comes as global ESG disclosure and assurance rates hit new highs.
JP Morgan AM jumps up the rankings as US giants lag European counterparts.
It comes as the FCA defended its proposed ESG fund labelling initiative.
A similar initiative is being considered by German regulator BaFin.
It could introduce the world’s first mandatory requirements to audit ESG disclosures.