Climate change

Members of the US House Judiciary Committee have named more than 130 organisations as part of an investigation into the climate engagement initiative.

Wiltshire Pension Fund urges pool to ditch Shell and other high emitters over transition plans and engagement progress.

Lead and supporting investors under climate engagement initiative decline to share view on mining giant, despite high-profile disengagement by shareholder advocacy group this week.

International Accounting Standards Board solicits feedback on case studies of climate considerations being integrated into financial reporting.

Influential Aussie non-profit says mining giant continues to oppose climate policy despite recent public commitments.

The latest developments in sustainable finance: Investment consultancy industry body looks to 'free trustees' from tick-box sustainability reporting; Investors commit $400m to EM transition debt fund.

UK financial regulator also mulls requirements for prospective issuers to provide climate transition plan 'summary'.

Dutch fund bemoans Scope 3 data but hopes to set goal next year, as it will also roll out climate 'ambitions' for mortgages, sovereigns and forestry.

India’s recent budget presentation said government will develop climate taxonomy, two years after initial proposal was submitted.

Industry participants welcome the new UK government's ambition and early steps on green policy, but note a lack of explicit sustainable finance focus.