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The latest developments in sustainable finance: Australia launches nature advisory council; Financial watchdog ASIC issues infringement notices to Morningstar.
Finalised reforms to delegated regulation switch one proposed mandatory social indicator to voluntary, delete existing voluntary PAI.
Industry delivers a positive verdict, but challenges remain for interoperability, and implementation deadlines may be shorter than expected.
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European Commission says incomplete transposition from member states ‘undermines an equal level playing field for the market within the EU’.
Australian tag
Outgoing CEO of Australia's long-standing investment industry sustainability association talks to RI about regulation, enforcement action and ESG product labels.
Regulator drops stewardship requirements from 'improvers' label, brings in label for mixed-strategy funds.
Individuals involved in EFRAG’s development of the recently adopted ESRS tell RI of the many challenges they faced.
RI explores investor responses to the issue and the hopes for keeping the Paris Agreement alive at COP28.
VCMI executive director Mark Kenber tells RI that carbon offsets are needed to help achieve net zero – but says the market can only flourish if projects can demonstrate integrity.
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