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The group also said it was 'concerned' about financial sector exclusions in the EU’s CSDDD.
Carbon
The tool could be used to comply with climate-related disclosure requirements aligned with ISSB and internal decision-making.
US bankers also flag challenges around data timing mismatches and 'black box' climate modelling.
‘Only way’ to shut young coal plants in Indonesia down early is to pay for it, says StanChart CSO Marisa Drew.
EU authorities had pulled the plug on the ECB adopting such a policy in 2023.
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Federal Council set to review revised industry rules in coming months to inform plans for tackling greenwashing.
Pink piggy bank at the entrance of a green maze. Illustration of the concept of direction and strategy of financial investment
ISO eyes 'globally applicable core principles' and wants to avoid overly narrow focus on financed emissions metrics.
Participating banks noted that some of the scenarios chosen did not reflect extreme climate risks.
UOB confirms ability to finance coal plants, OCBC plans to revise climate policy to accommodate sector.
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Judge finds 'substantial likelihood' that arguments on breach of fiduciary duty and vagueness of law may be successful.
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