Head of RI at UK pension pool stressed the need to ‘flip the narrative’ on investing in hard-to-abate sectors but called for guardrails.
Verena Ross responds to challenge on lack of ‘market signals’, telling RI Europe actions will come but national supervisors still on learning curve.
The latest developments in sustainable finance: CalPERS to vote against Musk’s pay package at Tesla AGM; Morningstar Sustainalytics overhauls ESG risk ratings.
US bankers also flag challenges around data timing mismatches and 'black box' climate modelling.
French asset manager also ramps up sustainability assurance expectations as part of voting policy as mandatory disclosures come into force.
The latest developments in sustainable finance: UK investors call for higher ambition in transition plans; only 29 percent of companies prepared for ESG data assurance, finds KPMG.
The company has been removed from a list of companies associated with the manufacture of cluster munitions by ESG ratings providers.
Party vows to boost private investment by 'confirming' that ESG and defence are compatible, no word on taxonomy or green finance strategy.
RI’s Transition Finance Focus: In a murky regulatory environment, Accenture's Jon Williams asks whether banks should pass the buck to customers or adjust their plans to transition.
Signs of a slight bounce on environmental and social requests; negligible support for anti-ESG proposals falls further; growing interest in governance issues.