Funds

Members approve new governance structure for FNG Label at heated AGM but elections for new FNG board and other issues delayed until 2024.

DNB unveils new responsible investment policy for €9bn of funds and will begin taking a more active stewardship approach.

Finalised reforms to delegated regulation switch one proposed mandatory social indicator to voluntary, delete existing voluntary PAI.

Implosion of the board at Germany's SIF prevents decisive action being taken to save labelling group as it faces financial shortfall.

Industry delivers a positive verdict, but challenges remain for interoperability, and implementation deadlines may be shorter than expected.

Regulator drops stewardship requirements from 'improvers' label, brings in label for mixed-strategy funds.

Manager says introducing sub-categories for 8 and 9 a better approach, but IEEFA backs reforming SFDR into labelling system.

The latest developments in sustainable finance: GRI consults on climate change and energy standards; French AMF finds poor alignment on taxonomy climate change adaptation objective.

The award winners were announced at RI USA last week.

Industry body proposes abolishing entity-level PAI disclosures, bringing in proposed labelling system in draft consultation response.