Regulation

The latest developments in sustainable finance: Bafin president calls for streamlining of sustainability regulation; Banking on Climate Chaos report flags funding for hydrocarbon expansion.

Analysis of 2024 proxy season by Shareholder Rights Group also shows 55% jump in number of corporate 'no action' requests.

UOB confirms ability to finance coal plants, OCBC plans to revise climate policy to accommodate sector.

Industrial policy is key to decarbonising the economy but financial policy should not be seen as 'second best', says RI's new columnist.

Nuclear, gas and early phase-outs of coal power plants are not considered sustainable under the framework.

Half of respondents to consultation want new category system, but Brussels says views are still divided.

IA survey finds limited appetite for meeting July starting gun, but majority of firms will look to label by December.

FSA says Jyske sustainable fund name should reflect investment process, but firm says regulator is enforcing rules more stringently than ESMA.

Timeline for implementation of local standards under discussion by FSA-convened working group.

Climate action requires a shift away from a focus primarily on 'risk-minded' stakeholders, writes Simon Glynn.