Investors have called on the influential proxy adviser to review its proposals to include climate considerations before it announces its final benchmark policy changes.
Few months delay needed as SBTN looks to ensure the 'optimal balance between scientific rigor and practicality', its executive director tells Responsible Investor, while also reflecting on the need for alignment with TNFD.
A statement seen by RI asking organisations to ‘champion’ its climate standards is viewed by some as a further sign the standard setter is struggling to get backing for a global baseline.