Exclusions & divestment

The latest developments in sustainable finance: Few fossil fuel holdings likely to survive PGGM's divestment programme; TCFD disclosures on the rise in Australia.

The latest developments in sustainable finance: Ceres, ICCR urge manufacturers to oppose SEC lawsuit; HKMA launches competency framework on sustainable finance.

New development financing has been ruled out for coal and peat.

The need to transition coal assets is particularly urgent within the region.

'We're at a crossroads in engagement with the oil & gas sector', says Matthews after this week's 'chaotic' Shell AGM.

Investor also ditches telecoms firm over human rights and corruption concerns and beef exporter on deforestation.

The latest developments in sustainable finance: World Bank revamps business climate rankings; Investment Association launches DE&I data collection survey.

Alliance calls for end to direct upstream investments in position paper but similar expectations for companies are absent.

News comes as anti-ESG Kansas bill watered down.

Concerns raised over timing of regulation and minimum exclusions, but managers disagree on introduction of quantitative thresholds.