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Data & Disclosure
European Commission confirms proposed 'Level 2' changes to SFDR regime still being assessed, no timeline for adoption.
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.
Participating banks noted that some of the scenarios chosen did not reflect extreme climate risks.
The Responsible Investment Association Australasia has produced the three-category sustainability classification system in response to market demand.
The latest developments in sustainable finance: Investors back ShareAction's push on Barclays over fracking; SLB issuance aligned with CBI standards jumped in 2023.
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.
The latest developments in sustainable finance: Renault commits to climate lobbying review, EFRAG selects Datamaran for ESRS work.
Timeline for implementation of local standards under discussion by FSA-convened working group.