Central banks & regulators

Greenbleaching should not be sanctioned while there is no requirement to disclose sustainability, but ESMA should monitor prevalence, group recommends.

The bank reported a more than 50% reduction in the carbon intensity of equity and corporate bond holdings.

Focus on usability, closer collaboration with users and the Commission, and bringing together pieces of sustainable finance package will categorise Platform 2.0.  

Plus: ShareAction analysis finds world's largest asset managers lacking biodiversity voting and engagement policies.

ESAs called on to work with the European Central Bank and European Systemic Risk Board to test the resilience of financial sector against 2030 climate goals.

PRI calls for 'substantive policy response' to corporate target rollback; FCA challenged on cost to consumers of fund labelling rules.

Analysis into drivers of inclusion in Article 9 funds shows high presence of UNGC violators, suggests ESG ratings drive inclusion more than emissions.

Concerns raised over timing of regulation and minimum exclusions, but managers disagree on introduction of quantitative thresholds.

Storebrand and TOBAM also among six institutions that fail to make the cut, while ClientEarth challenges FCA over oil and gas prospectus approval.

Group notes 'insufficient action' by Canadian policymakers and calls for series of regulatory reforms to enable sustainable investment.