Regulation

German and Belgian pension associations dispute low grade as InfluenceMap calls for greater engagement on sustainable finance policy

Consultation also prompts calls from industry body for French ESG labels to be unified under a sustainable finance framework.

Schemes call for action on infrastructure investment and simplified reporting, but warn that new policy initiatives may not be needed.

Nathan Fabian comments after members of the group staged a mass walkout in response to claims of interference.

The latest ESG movers and shakers: PwC announces global ESG leader, Deutsche Bank appoints vice-president of ESG solutions.

Germany raises international biodiversity funding to €1.5bn per year; Uruguay publishes sovereign sustainability-linked framework with nature KPI; investors write to finance ministers.

Shortfalls in corporate reporting – particularly on Scope 3 emissions – risk undermining the net zero project. We must build sturdier foundations for sustainable finance.

Fidelity Investments and Wells Fargo declined to comment on whether they planned on following suit and/or reviewing their sponsorship.

Barclays says some RFPs include 'greenwashing' sections asking about fund downgrades as it predicts more attention on Article 9 passives.

Officials from New York City, California, Rhode Island, Washington and Oregon are among the signatories.