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It includes thresholds on asset allocation, and disclosure of ESG scores and stewardship performance.
Fund managers increased exposure to ESG stocks before making mandatory disclosures, say researchers.
The industry has welcomed the code issued by Japan’s Financial Services Agency, with several major providers publicly endorsing it.
EM companies with state ownership significantly underperformed on governance versus international peers.
Securities and Exchange Commission headquarters
Mark Uyeda raised ‘significant concerns’ about ESG rating standards in speech on lack of definition in sustainable finance.
Industry welcomes updated draft of 'opt-in', principles-based code issued by Japan's Financial Services Agency.
UK’s financial watchdog announces formation of independent working group overseen by ICMA and IRSG.
The latest developments in sustainable finance: WWF reports 70% decline of species since 1970; ESMA makes sustainable finance top priority.
The latest ESG movers and shakers: Barclays hires StanChart sustainable finance head; PRI has new COO.
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