Climate change

India’s recent budget presentation said government will develop climate taxonomy, two years after initial proposal was submitted.

Industry participants welcome the new UK government's ambition and early steps on green policy, but note a lack of explicit sustainable finance focus.

The latest developments in sustainable finance: Nuveen and Sumitomo Mitsui Asset Management among new UK stewardship code signatories; Oklahoma judge permanently halts energy boycott law.

The latest ESG movers and shakers: Accountancy Europe names Van Der Enden as chief executive; UKSIF seeks board members.

The NGOs are also engaging with the UK FCA on the topic.

The latest developments in sustainable finance: Aviva Investors publishes UK low-carbon policy roadmap; French investors seek manager for biodiversity fund

The latest ESG movers and shakers: Abrdn promotes Welsh-Rose to deputy chief sustainability officer; EFRAG seeks technical staff for development of sector standards.

Open-access tool allows users to explore effects of shocks caused by macroeconomic factors, as well as transition and physical risks.

Oil major likely to miss emissions target but carbon credits complicate calculations, AFII review finds other firms in danger zone.

Marcus Svedberg tells RI that making a company better fit for the future should make it 'worth more', and that he sees no reason to wait for regulation to invest in the transition.