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The proposed standards aim to combat greenwashing and foster greater trust in sustainability reporting and assurance.
The latest developments in sustainable finance: ING faces climate lawsuit; P+ divests 10 Chinese companies on human rights grounds.
The latest developments in sustainable finance: Turkey introduces mandatory climate-related disclosures; KSSB to publish global sustainability disclosure rules draft in March.
Fork in the road signs
Several investors have called for biodiversity standards to ‘go further’ than the TNFD, while others think the current market framework is robust enough.
The latest developments in sustainable finance: Morningstar predicts SDR Sustainability Focus label ‘will dominate’ in UK; Robeco announces ocean life and hazardous chemicals as new engagement topics.
Team building, team collaboration for business idea, teamwork to solve problem, strategy plan to work together for success concept, businessmen and businesswomen team up to solve lightbulb jigsaw.
At the end of a big year for sustainability reporting standards, RI looks ahead to likely developments for the next 12 months.
The latest ESG movers and shakers: Invesco promotes Asseffar to EMEA sustainable and impact distribution head; ShareAction’s Uhlenbruch leaves director of financial sector standards role.
Illustrative image
In response to feedback, initiative has reviewed requirements to report on supply chain impacts and state of biodiversity 'to ease the reporting challenge'.
Australian tag
Outgoing CEO of Australia's long-standing investment industry sustainability association talks to RI about regulation, enforcement action and ESG product labels.
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.
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