Foundations and NGOs behind taskforce that will be based on UK equivalent, with the aim to push for mandatory transition plan disclosures.
BaFin says it is applying rules when processing new fund applications as at least 30 European funds drop ESG terms this year.
Brunel reveals ‘next phase’ of manager engagement push, as net-zero body says stewardship targets ‘least’ used by manager signatories.
The latest developments in sustainable finance: SBTi publishes draft net-zero standard for financial institutions; ESMA calls for definition of transition investments in EU sustainable finance framework.
Swedish pension fund’s head of sustainable investment talks to RI about its LGIM partnership, which focuses on 'accelerated engagement' with a concentrated portfolio of misaligned companies.
The AMF has given asset managers in breach of the EU regulation until December to comply.
Network will need to navigate notable differences in expectations among its broad base, while some members question whether its proposed fee structure is value for money.
Industry participants welcome the new UK government's ambition and early steps on green policy, but note a lack of explicit sustainable finance focus.
The latest developments in sustainable finance: Nuveen and Sumitomo Mitsui Asset Management among new UK stewardship code signatories; Oklahoma judge permanently halts energy boycott law.
It comes amid a wider organisational restructuring across the data and analytics division.