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The local authority fund has also tabled new exclusions around 'sin stocks'.
The latest developments in sustainable finance: Walmart rows back on DE&I; NatWest expects ‘coalitions of the concerned’ amid headwinds for climate groups.
The EU is under pressure to reduces the costs of regulatory compliance and boost competitiveness.
The latest developments in sustainable finance: Johnson & Johnson tries to no-action overboarding proposal; Mirova-backed avoided emissions disclosure initiative launches consultation.
US index and data giant will also adopt new oil and gas exclusions in response to EU regulatory expectations.
'Omnibus approach' promised by European Commission to promote competitiveness could cause implementation delays, experts warn.
BaFin, Dutch and Danish regulators recognise pressure on companies, others are still hammering out details.
The latest developments in sustainable finance: MSCI authorised to provide ESG ratings in India; EU banks 'could lose 25% of assets' in decarbonisation scenario.
Moody's says departure not linked to ESG business exits; NZFSPA sees new stock exchange joiners.
Long-awaited taxonomy delayed again as government considers use cases; next steps on ESG ratings regulation revealed.