Energy transition

The latest developments in sustainable finance: IOSCO to work on transition plans; Kenya publishes draft green finance taxonomy.

Amendments that would make it compulsory for shareholders to be offered a vote on listed companies’ climate transition plans, as reported under CSRD, are being debated at the National Assembly.

The latest developments in sustainable finance: PRI launches consultation on new strategy; UK issues call for evidence for transition finance market review.

It will gradually phase in Paris-aligned transition plan requirements, with the first set of exclusions expected in April.

Government response says taxonomy consultation is expected 'shortly'.

French financial watchdog publishes climate transition planning CSRD guidance for local companies.

'Disappointment' over lack of SFDR alignment, support for Paris-aligned transition plan requirements.

Australian Ethical and Market Forces have co-filed resolutions focused on transition plan requirements at NAB and Westpac.

The latest developments in sustainable finance: UK green taxonomy further delayed to Q1 2024; Switzerland refines voluntary climate scores.

The latest developments in sustainable finance: JP Morgan climate metric in line with NZBA protocols, says alliance; GFANZ APAC chapter issues guidance on coal phase-out.