Legal affairs committee vote paves way for due diligence directive to move on to a full plenary vote next month.
Future of due diligence directive much brighter after 'watershed moment', although the text has been watered down further.
Companies will likely be assessed on risk mitigation or policies focusing on the main drivers of ocean biodiversity loss.
Announcement comes as oil major doubles down on support for legal action against filers of climate proposals.
Stakeholders lambast lobbying as future of due diligence directive hangs in the balance.
RI asked participants of the engagement initiative for details of the name, number, geography and sector of the companies they have been assigned.
More than 100 financial institutions have signed up, with Japanese groups taking the top spot with 25 adopters.
RI also reveals initial insights from its analysis of the number, type and names of firms that investors have been assigned.
Project will aim to develop a biodiversity risk and alignment assessment tool for the Swiss financial sector.
Decision made in light of changing regulatory disclosure requirements and feedback from signatories.