Climate change

In the first of a series of monthly columns, the Theia Finance Labs co-founder looks at the evolution of sustainable investing and asks where we go from here.   

Responsible Investor talks to asset managers about the pros and cons of the popular climate metric.

Office of the Comptroller of the Currency recruiting for climate risk specialist with ‘emphasis in transition risk’ to guide supervision of US banks.

Aside from changing lending practices, research found little evidence of other climate-aligned outcomes.

Asset managers say the decision to exit was taken after extended engagement efforts.

The latest developments in sustainable finance: Brazil establishes committee to implement taxonomy; Former MAS director Menon named as Singapore’s climate action ambassador.

At the same time, banks were also found to be 'highly exposed' to transition risk.

The topic has drawn attention from regulators following the release of PCAF’s voluntary standard.

The minimum capital requirements for banks are also being reviewed for climate additions.

Significant majority of banks back new release, which includes facilitated emissions, but greener members retain concerns.