Dominic Webb
BaFin says it is applying rules when processing new fund applications as at least 30 European funds drop ESG terms this year.
Industry participants welcome the new UK government's ambition and early steps on green policy, but note a lack of explicit sustainable finance focus.
Manager building team for new service, which will engage and vote with a greater focus on climate and sustainability topics.
German regulator calls for reporting burden to be slashed for EU investors, supports introduction of UK-style fund-labelling categories.
California pension fund also issues warning to asset managers on voting.
Recent Supreme Court decisions will be a headwind but not a huge blow to SEC's climate rule and ESG enforcement, say lawyers.
MainePERS to investigate voting choice offering after finding significant misalignment with manager on shareholder proposals.
Oil major likely to miss emissions target but carbon credits complicate calculations, AFII review finds other firms in danger zone.
AEW's impact fund is closed to retail investors but manager says the regime will promote transparency, praises engagement with FCA.
AFM welcomes voluntary assessments ahead of CSRD deadline, sets out guidance for firms to ensure high-quality reporting.