Central banks & regulators

The topic has drawn attention from regulators following the release of PCAF’s voluntary standard.

The rules largely mirror the TCFD reporting structure, in addition to bank-specific KPIs.

Market participants asked whether additional transition reliefs should be introduced as phased-in implementation with some exemptions is proposed.

The latest ESG movers and shakers: TPG poaches GSAM’s Lebovitz for head of climate business; Mackenzie announces departure from abrdn.

'Lighter, temporary and optional registration regime' for smaller providers, but stricter aggregation rules absent from final text.

Report seeks 'as much synergy as possible' with the approach and methodologies of NGFS scenarios developed to assess climate-related risks.

DNB unveils new responsible investment policy for €9bn of funds and will begin taking a more active stewardship approach.

Finalised reforms to delegated regulation switch one proposed mandatory social indicator to voluntary, delete existing voluntary PAI.

The latest developments in sustainable finance: NGOs call on COP28 participants to step up transition finance; GSIA's Alexander raises concerns on greenhushing.

Individuals involved in EFRAG’s development of the recently adopted ESRS tell RI of the many challenges they faced.