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Exclusions & divestment
Central bank body also found emerging market banks more upbeat about the cost of transition plans than developed market peers.
Removal of red flags will have positive credit and equity impact, say Barclays analysts.
It follows a gradual broadening of the UN Guiding Principles to include the financial sector.
Emails obtained by RI show manager tried to convince the state that it has worked on being 'more precise on communication' on sustainability.
UK pension pool’s proposal could see the removal of two firms on controversial weapons grounds, member fund suggests.
-80x80.jpg "State pension fund divestment efforts make progress in California and Oregon")
Oregon state pension fund faces legally mandated coal divestment, while CalPERS reiterates development of divestment mechanism.
It comes after efforts from the Singaporean central bank and GFANZ to encourage phase-out financing.
The latest developments in sustainable finance: Canada debuts sovereign nuclear green bond; NBIM warns GRI over ISSB deviations.
It will gradually phase in Paris-aligned transition plan requirements, with the first set of exclusions expected in April.
The latest developments in sustainable finance: Business Council of Australia calls for delay to climate reporting; financial institutions lag on deforestation, says Global Canopy.