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Climate change
Financial institutions are keen to fund climate resilience projects but measuring impact is proving challenging.
ISO eyes 'globally applicable core principles' and wants to avoid overly narrow focus on financed emissions metrics.
Growing demand from members to 'steer real-world outcomes' prompts central banking group to set up stewardship forum.
Influential proxy adviser recommends vote against former State Street CEO Hooley over Exxon’s ‘unusual and aggressive tactics’.
 (1)-80x80.png "People & Appointments: EFRAG sustainability TEG appoints 12 new members")
The latest ESG movers and shakers: Bugler starts as technical lead for climate risk at KPMG; Singapore announces taxonomy workstream co-leads.
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.
Industrial policy is key to decarbonising the economy but financial policy should not be seen as 'second best', says RI's new columnist.
Nuclear, gas and early phase-outs of coal power plants are not considered sustainable under the framework.
It comes as SBTi faces new demands to report itself to the UK's charity regulator.