Central banks & regulators

The latest developments in sustainable finance: Shell urges shareholders to vote against Follow This climate resolution; Rathbones considers voting against Exxon directors.

Platform on Sustainable Finance asked to look at potential categories beyond those proposed in last year’s consultation.

Regional GFANZ chapter will also work on policy initiative and 'voluntary guidance' on transition strategies.

Parts of proposed global framework for prudential climate disclosures slammed as ‘out of sync’ with market practices.

RI speaks to SFAC chair Kathy Bardswick, and Barbara Zvan, who chaired its taxonomy group, to discuss progress and challenges for Canadian sustainable finance as the group concludes its work.

European Systemic Risk Board says tweaks to IFRS accounting standards could improve climate disclosures, while ESMA has separately proposed new ESG disclosure requirements for CRAs.

The latest developments in sustainable finance: National Bank of Belgium adopts EU Climate Transition Benchmark; Iceberg Data Lab raises $10m in Series A funding.

Kramer, who recently left PGGM, will join the Sustainable Finance Lab in June.

Aside from changing lending practices, research found little evidence of other climate-aligned outcomes.

At the same time, banks were also found to be 'highly exposed' to transition risk.