Much remains uncertain as the multiple cases against the SEC climate rule wind their way through the justice system.
Australia launches consultation on assurance for climate reporting; Hesta engagement with Woodside fails; Rio Tinto promises more transparency on climate disclosures.
Emails obtained by RI show manager tried to convince the state that it has worked on being 'more precise on communication' on sustainability.
-80x80.jpg "GHG Protocol told to step in on facilitated emissions reporting")
The topic has drawn attention from regulators following the release of PCAF’s voluntary standard.
Lenders draw on CA100+ and TPT to develop increasingly sophisticated transition assessments, which they say could lead to clients or transactions being dropped.
The minimum capital requirements for banks are also being reviewed for climate additions.
Market participants asked whether relief reporting on Scope 3 and disclosures beyond climate-related risks and opportunities should be introduced.
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Proposed regulatory changes would negatively impact asset managers who depend on benchmark provider data to meet SFDR requirements.
As Drax investors remain tight-lipped on latest deforestation claims, Nordic and North American firms discuss the challenges of tackling the degradation of overlooked ecosystems.