Fiona McNally
Several investors have called for biodiversity standards to ‘go further’ than the TNFD, while others think the current market framework is robust enough.
Investors have asked for alignment with existing labelling schemes in the EU, UK and US.
The latest developments in sustainable finance: Morningstar predicts SDR Sustainability Focus label ‘will dominate’ in UK; Robeco announces ocean life and hazardous chemicals as new engagement topics.
-80x80.png "People & Appointments: UNEP FI recruiting for net-zero sector pathways consultant")
The latest ESG movers and shakers: Skidmore resigns over UK’s oil and gas licence plans; KKR promotes three of its sustainable investing team to directors.
Industry agrees FCA should condense the number of DE&I characteristics proposed, but is at odds on which firms should be in scope for reporting.
The latest developments in sustainable finance: Barclays expects investors to hold off using new UK fund labels; NZBA welcomes first Chinese bank.
The latest developments in sustainable finance: KLP excludes 12 Gulf state companies; GRI publishes draft mapping tool for ESRS.
The latest ESG movers and shakers: PFA AM promotes Bessing to head of ESG investing; Utermarck steps up at ICMA.
At the end of a big year for sustainability reporting standards, RI looks ahead to likely developments for the next 12 months.
'Disappointment' over lack of SFDR alignment, support for Paris-aligned transition plan requirements.