Policymakers should avoid lobbying by vested interests seeking to 'soften' technical screening criteria or 'water down' DNSH requirements, GTAG warns.
Finnish pension insurer will screen companies on biodiversity-related risks, commits to engagement on nature.
ACTIAM, Fidelity International, NN Investment Partners and Nomura Asset Management have commissioned a firm to develop a biodiversity measurement.
Germany raises international biodiversity funding to €1.5bn per year; Uruguay publishes sovereign sustainability-linked framework with nature KPI; investors write to finance ministers.
Fidelity Investments and Wells Fargo declined to comment on whether they planned on following suit and/or reviewing their sponsorship.
Officials from New York City, California, Rhode Island, Washington and Oregon are among the signatories.
Announcement comes days after RI reported discussions on departure by unnamed NGOs.
Treasurer network to engage financial institutions, corporates and fellow politicians on anti-ESG legislation.
Proposed 'Business, Human Rights and Environment Act' should be aligned with UN, OECD and other international frameworks, investor group urges.
Documents show that provider's ESG ratings and data were used to identify first tranche of financial firms to target under new legislation.