Discussions with asset managers and fund distributors may start by June to assess whether rules for mutual fund labels can guard against greenwashing.
‘Say-on-climate’ proposals are among emerging trends, according to Institutional Shareholder Services.
Asset managers' compliance plans complicated by "unhelpful" regulatory guidance.
Non-profit organisations step up pressure for action and concrete implementation plans.
Only 4.4% of companies reported progress against water pollution reduction targets.
New code will require listed companies to have more independent board directors, promote management diversity, and improve environmental disclosures.
Emissions trading scheme “unlikely” to diverge too much from EU regime, says Refinitiv Head of Carbon Research.
Current practice “a world away from what is needed”, says ShareAction, flagging voting records and training among areas of concern.
Jay Clayton had previously defended voluntary over mandatory parameters on ESG-related disclosures.
ESG Investor’s weekly round-up of news about funds designed to meet sustainable investing criteria.
Subscribe to our free weekly newsletter below and never miss a story.