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Flags of the European Union and France flying in the wind
Regulator proposes 'non-financial filters' label with SRI criteria as other national supervisors back introduction of new category system.
Very large 3D render of blended US and EU flags
American firms are up in arms at the prospect of being forced to account for their supply chains by European policymakers – and rightly so, say Daniel Crowley and Robert Eccles.
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Most investors back introducing label system but split over UK-style versus Article 8 and 9 basis as full results released.
It comes just months after banks came to an agreement on a voluntary disclosure standard.
Canadian Sustainability Standards Board close to approving draft standards based on the ISSB.
https://www.gettyimages.co.uk/detail/photo/european-union-flag-puzzle-royalty-free-image/1059005608?phrase=puzzle+EU&adppopup=true
Separately, PwC study finds only one in five management companies in scope issued a public PAI statement last year.
The firm also warned against the rise of 'orphaned emissions' which are excluded from company tallies.
New York City Comptroller office shifts focus with pioneering resolution at six North American banking heavyweights, including JPMorgan Chase, Bank of America and Goldman Sachs.
Researchers were unable to find evidence of a 'greenium' for sovereign green bonds in the region.
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The proposed standards aim to combat greenwashing and foster greater trust in sustainability reporting and assurance.
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