Environmental

Flags of the European Union and France flying in the wind
Amendments that would make it compulsory for shareholders to be offered a vote on listed companies’ climate transition plans, as reported under CSRD, are being debated at the National Assembly.
US SIF, ICCR and Shareholder Rights Group challenge statements from Republican commissioners, while fund industry association ‘urges’ SEC to align anti-greenwashing regulation with watered-down climate disclosure rule.
German manager says action by energy firm 'does not reflect a sufficient level of action to meet Paris Agreement commitments'. 
A bunch of USD $100 bills falls.
Parts of proposed global framework for prudential climate disclosures slammed as ‘out of sync’ with market practices.
Church of England Pensions Board to support green financing ratio proposals at banks; investor heavyweights to support ESG proposals at Lennar.
Securities and Exchange Commission, SEC, Building in Washington DC. The SEC regulates stocks and bonds and related financial activities.
Director of corporate finance division says no SEC climate rule provisions require quantitative disclosures but some qualitative descriptions may be needed.
RI speaks to SFAC chair Kathy Bardswick, and Barbara Zvan, who chaired its taxonomy group, to discuss progress and challenges for Canadian sustainable finance as the group concludes its work.
Jakob Thoma headshot
In the first of a series of monthly columns, the Theia Finance Labs co-founder looks at the evolution of sustainable investing and asks where we go from here.   
The move could see the East African country become a leader on climate supervision.
Red Flags
Removal of red flags will have positive credit and equity impact, say Barclays analysts.
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