Net Zero

Most major US asset managers have now left the collaborative engagement initiative.

New Zealand's FMA flags materiality, scenario analysis and GHG emissions targets as key areas for improvement.

The latest developments in sustainable finance: NBIM and PRI say no additional accounting rules needed for climate disclosure; CFA Institute publishes net-zero aligned portfolio framework.

Consultants flag concerns over US influence on UK stewardship, point to legal risks as reasons for leaving climate initiatives.

Fund increases rigour of solutions taxonomy as it shares progress update on landmark sustainable investment programme.

The latest developments in sustainable finance: German public sector fund awards Nordea big mandate, industry associations oppose FDIC bank rule.

Moody's says departure not linked to ESG business exits; NZFSPA sees new stock exchange joiners.

Major investment firm says membership of key climate initiatives has 'become contested'.

Transition finance, adaptation and resilience, and the US election have been big topics on the ground for financial institutions.

Policy reforms remain 'substantially insufficient' to put economies on 1.5C pathway; asset owners cite policy as biggest barrier to transition finance.