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Khalid Azizuddin

Khalid retrained as a journalist after working for a number of years in corporate strategy at Sime Darby in Malaysia. He focuses on sustainability data & disclosures, policy and developing markets. He is a former winner of the CFA UK Journalist of the Year Award for his coverage of the human rights issues involved in investment in Chinese surveillance companies.
It is claimed that a new funding model will enhance the credibility and independence of standards. 
The standards will fill out gaps in the EU’s SFDR legislation.
It follows a global regulatory push to address concerns over a lack of transparency, comparability and potential conflicts of interest within the sector.    
Changes also cover labour standards, an area in which Malaysia's finance minister warns global scrutiny could make the country less competitive.
The group – comprising PGGM, NN Investment Partners and MN, among others – plans to convene investors to discuss the green transition in summer 2022.
The EU is currently mulling whether such funds would be aligned to its green taxonomy.
The fund had sought an ESG index with no exclusions and minimal tracking error.
Financial market participants have been asked to apply the proposals voluntarily.
The CTBs and PABs have proven an unlikely success story for the EU’s Action Plan on Sustainable Finance, with tens of billions invested so far.
The feedback was made in response to a regulatory call for evidence.

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