Deforestation

Final version of EU's Deforestation Regulation also adds soluble coffee and palm oil derivatives to scope.

Market praises alignment with EUDR and expanded commodities scope, while playing down concerns over Keir Starmer resignation.

ISO consults on corporate net-zero standard - EBA calls for feedback on stress test climate-risk proposal - ASFI sets up Australian taxonomy steering committee.

Initiative to encourage Commonwealth Bank, National Australia Bank, ANZ and Westpac to evolve lending practices to deforestation-linked businesses.

Asset owners and managers welcome European Commission proposals to add downstream products including soluble coffee and palm oil derivatives.

Commission publishes package on bloc's landmark deforestation regulation, no further delays proposed.

LD Pensions seeks manager for environment and climate portfolio - EU taps Amundi to manage €3bn green bond fund - ISO sets date for release of transition standard.

Fourteen firms also reduced their ambition on deforestation in 2025.

Initiative also plans to grow investor capacity on corporate responsible political engagement and build out role of asset owners, new report explains.

In this episode of The Responsible Investor Podcast, BlueBay's Graham Stock explains why deforestation is a material risk for investors and the challenges involved in tackling it.