The latest developments in sustainable finance: Japanese regulator establishes taskforce for sustainability reporting; California's Fossil Fuel Divestment bill passes Senate; Vanguard stays close to fossil fuel industry.
As shareholders prepare to vote on climate resolutions at leading banks, activists are exploring new ways to make sure the sector delivers on its net-zero commitments.
The latest developments in ESG-related funds: BlackRock shareholders fail to approve ESG index switch; ESG funds see fall in capital flows; Swiss air capture firm raises capital from M&G and Baillie Gifford.