Khalid Azizuddin
It comes as UK regulators provide update on ESG regulatory initiatives and guidance for audits
The new rules come after landmark McVeigh v REST settlement established stricter expectations on disclosure
The firm was included in the PRI’s prestigious Leader’s Group last year for “responsible investment excellence”
The country will also consider raising carbon taxes from 2024
The platform is in talks with EU, US, and UK regulators on potential avenues for collaboration
Some investor groups are concerned the standards will introduce unnecessary complexity
Multiple investor-led initiatives have developed best practices on the topic but have not received regulatory backing
The group is developing a scenario analysis tool for SMEs expected in 2022
Requirement for large fund managers to start reporting voting information expected to be implemented by year-end
It comes as Japan becomes the first G7 country to invest its foreign currency reserves in ESG