Transition paths from brown to green assets are largely dependent on public policy, with finance sector playing supporting roles.
IIRC, SASB merger formalised, but “foundational layer” for globally accepted standards remains elusive.
Three-year implementation aimed at overall improvements to the international audit-related standard-setting system.
Net Zero Investment Framework to widen scope to new asset classes; collaborative efforts also stepped up.
Cost of offsetting carbon emissions needs to increase “significantly”, while regulated sector faces “political challenges”.
Reporting organisations expected to implement double materiality perspective.
TCFD, IASB frameworks endorsed; communique also calls for progress on impact, nature-based and beneficial ownership reporting.
Current amendments present US proxy advisors with unethical “conflict of interest”.
ESG Investor’s weekly round-up of news about funds designed to meet sustainable investing criteria, including DWS Group, KLP, Macquarie Asset Management, LGIM, Universal Investment, GWM Asset Management and more.
ESG Investor’s weekly round-up of new hires in the sustainable investing sector including IFRS Foundation, Ninety One, American Century, Redington, 2° Investing Initiative.
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