Regulator weighs in on ‘vague’ use of SDGs to back up sustainability claims.
German regulator calls for reporting burden to be slashed for EU investors, supports introduction of UK-style fund-labelling categories.
The NGOs are also engaging with the UK FCA on the topic.
The latest developments in sustainable finance: Aviva Investors publishes UK low-carbon policy roadmap; French investors seek manager for biodiversity fund
California pension fund also issues warning to asset managers on voting.
Recent Supreme Court decisions will be a headwind but not a huge blow to SEC's climate rule and ESG enforcement, say lawyers.
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The latest ESG movers and shakers: Abrdn promotes Welsh-Rose to deputy chief sustainability officer; EFRAG seeks technical staff for development of sector standards.
After consultation feedback flagged ‘challenges’, the governance network will revert to more ‘principles-based’ approach in updated global stewardship principles.
Managers falling short on disclosures at entity and fund-level, especially on greenwashing risk, AMF says.
NBIM, the New York City Comptroller and Storebrand also back circular economy proposal at beverage firm.