Central banks & regulators

The latest ESG movers and shakers: CalSTRS hires for net-zero investment specialist; Helen Price joins CEPB as governance director.

All disclosure requirements expected to be subject to materiality assessments, in a major change from EFRAG’s proposal, according to sources.

The voluntary code is being developed 'pending potential future regulation'.

European investors file climate lobbying proposal at Toyota, GFANZ announces Japan as first Country Chapter.

Long-awaited proposal follows last year’s public consultation, which saw majority backing for legislative intervention in the ESG ratings space.

Leaked text clarifies rules around grandfathering, but banks, investors warn that taxonomy usability will hamper uptake.

The latest developments in sustainable finance: World Bank revamps business climate rankings; Investment Association launches DE&I data collection survey.

Work on climate change does not mean central banks are wading into politics, Villeroy argues in London speech.

The ECB issued a separate warning on the quality of banks’ climate-related disclosures.

The latest developments in ESG-related funds: Amundi launches suite of net-zero funds; Swedish equity funds far from Paris target, says Riksbank.