Lenders draw on CA100+ and TPT to develop increasingly sophisticated transition assessments, which they say could lead to clients or transactions being dropped.
The minimum capital requirements for banks are also being reviewed for climate additions.
Market participants asked whether relief reporting on Scope 3 and disclosures beyond climate-related risks and opportunities should be introduced.
Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.
Proposed regulatory changes would negatively impact asset managers who depend on benchmark provider data to meet SFDR requirements.
As Drax investors remain tight-lipped on latest deforestation claims, Nordic and North American firms discuss the challenges of tackling the degradation of overlooked ecosystems.
Companies will likely be assessed on risk mitigation or policies focusing on the main drivers of ocean biodiversity loss.
It comes after efforts from the Singaporean central bank and GFANZ to encourage phase-out financing.
Development of sustainability disclosure standards has forced investors to ‘take a good hard look’ at what is feasible, Morningstar's Lindsey Stewart tells RI.
Former SEC lawyer Kurt Gottschall tells RI that a change in government would bring ‘significant pressure to wipe the climate disclosure rule off the books’.