Companies will likely be assessed on risk mitigation or policies focusing on the main drivers of ocean biodiversity loss.
It comes after efforts from the Singaporean central bank and GFANZ to encourage phase-out financing.
Development of sustainability disclosure standards has forced investors to ‘take a good hard look’ at what is feasible, Morningstar's Lindsey Stewart tells RI.
Former SEC lawyer Kurt Gottschall tells RI that a change in government would bring ‘significant pressure to wipe the climate disclosure rule off the books’.
Public pension funds withdraw proposal filed at the banking giant after it commits to disclosing its 'clean energy supply financing' ratio.
The scheme says it was not in favour of 'blanket exclusion' on fossil fuels.
The rules largely mirror the TCFD reporting structure, in addition to bank-specific KPIs.
Announcement comes as oil major doubles down on support for legal action against filers of climate proposals.
It will gradually phase in Paris-aligned transition plan requirements, with the first set of exclusions expected in April.
Ørsted’s offshore wind woes are a timely reminder of the limits of the private sector's capacity to deliver the energy transition, says Simon Glynn.