Standards

The standard setter has introduced climate-only adoption and ‘limited’ and ‘extended’ transition to account for the different approaches countries are taking.

The latest developments in sustainable finance: $5.2trn investor group voices concerns around shareholder rights in light of Exxon lawsuit; UK investors vote against climate resolution at Shell.

Investors warn UK risks falling behind other jurisdictions and of 'detrimental implications' for wider sustainability disclosure regime.

The latest ESG movers and shakers: Bugler starts as technical lead for climate risk at KPMG; Singapore announces taxonomy workstream co-leads.

The latest developments in sustainable finance: ISS recommends vote against Follow This climate proposal at Shell; NYC Comptroller, Schroders to back transition assessment at Suncor.

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

Recruitment process for group chair has been concluded and information on endorsement process timeline expected shortly, RI understands.

The latest developments in sustainable finance: PFA divests entire holdings from Shell; Basel Committee on Banking Supervision includes climate risks definition in core principles.

The latest developments in sustainable finance: ‘Strong’ preliminary results on US bank green finance proposals, says NYC comptroller; UK Treasury and IA say defence companies ‘compatible’ with ESG.

The latest developments in sustainable finance: European Commission looks to simplify taxonomy DNSH compliance; Aussie regulator ASIC backs ISSB global baseline.