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Climate change

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The paper adds to growing evidence over the untapped potential for index provider engagements.
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EU asset owners welcome membership for firm’s international arm; New York City slams move while Republican treasurers claim victory.
Climate Bonds Initiative has established itself as a leading developer of global taxonomies. RI talks to the NGO about sectoral approaches, red lines and the competitive landscape.
Proceeds have been barred from financing ammonia co-firing in power plants following climate worries.
Sustainable finance advisory board calls for co-operation with France and UK to harmonise transition plans.
Policy changes on climate risk at the world’s largest asset manager reflect a changing global landscape on sustainability in the industry, says Morningstar's Lindsey Stewart.
State's $94bn fund to examine transition readiness of sectors and may divest poor performers as part of wider net-zero strategy.
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The proposals give the option of voluntary compliance for smaller firms.
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Market welcomes clarification around sustainability issues from the independent Financial Markets Law Committee.
It comes just months after banks came to an agreement on a voluntary disclosure standard.
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