Khalid Azizuddin
Investor guidance for portfolio decarbonisation is set to follow.
Separately, Article 9 funds which have significant investments in non-ESG activities may be at risk of enforcement.
The inclusion of nuclear and gas would risk the EU taxonomy becoming less stringent than existing green bond standards and other green taxonomies.
This is the second set of guidance published by the EU legislative body on the SFDR.
Sustainable investments more broadly grew by 66% in 2021 year-on-year.
The latest developments in sustainable finance: Deutsche Bank commits to not finance pipeline; GRESB releases real estate ESG tools.
BNP Paribas has separately signed a revolving credit facility with Ant Group linked to green targets.
The latest developments in sustainable finance: UK launches consultation on green strategy; NGOs warn against Musk Twitter takeover; NYC focuses on board diversity.
The body plans to release a disclosure framework by the end of 2023.
The exchange is working on an information platform for Japanese ESG-related bonds.