Regulation

The latest developments in sustainable finance: Climate Action 100+ issues aviation guidance; ISS ESG wins Eurosystem contract.

Representatives from MSCI, Shell, KPMG and CBRE Group attended a recent meeting on the potential new framework

European banking watchdog recommends ‘intermediate’ and ‘pragmatic’ change to bloc’s incoming Green Bond Standard to cover securitisation

The rapporteur of the subgroup part of the EU Platform on Sustainable Finance focused on a social taxonomy rejects the idea that weaponry could be included

The group will explore how sustainable finance alignment may integrate transition considerations

The latest developments in sustainable finance:  Singapore will raise its carbon tax fivefold to $25 per tonne in 2024; EU's corporate sustainability reporting regime rolls on; Blackstone swears off upstream oil and gas.

Exceeding the TCFD could cause unsustainable workloads and fragmentation

The latest developments in sustainable finance:  UK pensions association issues voting guide; women in board positions; ESMA calls for evidence.

The latest developments in sustainable finance:  Americans favour corporate climate risk reporting; Eurosif joins EFRAG; Japan and Switzerland to chair taxonomy working group.

Leaked document also sheds light on ideas around disclosure rules, while ideas on how to deal with controversial sectors appear to have been watered down