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Effective climate governance on boards will require a significant upscale in director skills and/or an openness to bringing in candidates from alternative talent pools.
Judge’s ruling could influence interpretation of fiduciary duty by other investors, lawyers suggest.
International sustainability standards body forms multi-jurisdictional body to engage on corporate sustainabilty standards.
The latest developments in sustainable finance: International Energy Agency appoints advisory group on coal emissions, Danish regulator warns asset managers against greenwashing.
Reducing the carbon intensity of energy will be critical to keeping the Paris climate goals alive, report's authors argue.
SEC blocks Mastercard’s attempt to exclude Rhode Island ‘ghost gun’ proposal.
The latest developments in sustainable finance: City avoids deforestation resolution, Norges welcomes focus on enterprise value, half of UK business decision-makers prioritising growth strategies in pandemic recovery.
UK arm of Dutch financial group doubles flagship default fund’s ESG exposure with new BlackRock allocation.
Suspension of work on taxonomy comes as Canada’s public sector pension fund PSP Investments launches own bespoke green one as part of inaugural climate strategy.
UK RI industry body UKSIF has not been appointed to work on the standard.