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Federal Council set to review revised industry rules in coming months to inform plans for tackling greenwashing.
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Firm says proposal would unlock more money as part of policy manifesto to 'unleash capital' for net-zero investments.
The group has also removed demands for investor access to development banks' joint credit risks database.
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Net-Zero Insurance Alliance replaced with Forum for Insurance Transition, but SCOR and Munich Re will not rejoin.
The latest ESG movers and shakers: Barclays appoints Millat as head of sustainable finance for global markets; Zurich Insurance’s head of RI Köb steps down.
The latest developments in sustainable finance: NA100 announces 10 new participants; Investors tell UK debt management office to build out yield curve for green gilts.
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Regulator sets out draft principles for sustainability claims, flags poor disclosures around net zero alliance departure as bad practice.
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Asset owner group's third annual progress report also includes introductory note on gender parity in leadership.
The latest developments in sustainable finance: NYU $5bn endowment fund to divest from fossil fuels; Taiwan tables ESG code of conduct.
The latest developments in sustainable finance: CA100+ publishes diversified mining net-zero standard; PGGM criticises CA100+ signatories’ voting patterns; Fidelity expands Article 9 fund range.
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