Investors representing $861bn in assets under management have backed Dutch campaign group BankTrack’s 2022 Global Human Rights Benchmark and called on commercial banks to do more to implement human rights.
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The Science Based Targets initiative (SBTi) has revealed it will reform its validation services division in a slew of changes to its operation.
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The UK Sustainable Investment and Finance Association (UKSIF) has warned the government that climate wavering risks its position as a world leader in sustainable finance.
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Intercontinental Exchange (ICE) is pressing for avoided emissions to be included in mainstream investment analysis after developing a new framework with Ecofin Advisors to address the often-overlooked area.
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The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to accurately assess emissions.
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The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.
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The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
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The UK’s House of Lords has added an amendment to the Financial Services and Markets Bill that adds nature to the upcoming regulatory principle on net-zero emissions.
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The Department of Labor’s new ESG rule does not tip the balance in favour of ESG investing, according to officials within the department.
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The EU Corporate Sustainability Due Diligence Directive (CSDDD) has secured approval from the European Parliament.
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