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.
The new rules come after landmark McVeigh v REST settlement established stricter expectations on disclosure
The firm was included in the PRI’s prestigious Leader’s Group last year for “responsible investment excellence”
The country will also consider raising carbon taxes from 2024
The platform is in talks with EU, US, and UK regulators on potential avenues for collaboration
Some investor groups are concerned the standards will introduce unnecessary complexity
Multiple investor-led initiatives have developed best practices on the topic but have not received regulatory backing
The group is developing a scenario analysis tool for SMEs expected in 2022
Requirement for large fund managers to start reporting voting information expected to be implemented by year-end
It comes as Japan becomes the first G7 country to invest its foreign currency reserves in ESG
Asset owners have three weeks to sign up as founding signatories to the declaration