The Securities and Exchange Commission (SEC) has pushed the expected adoption of its final climate disclosure rules until April 2024.
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The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.
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The Institute for Energy Economics and Financial Analysis (IEEFA) has recommended improvements for the Science Based Targets initiative’s (SBTi’s) draft standards for financial institutions.
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To have targets approved by the SBTi, asset owners must include passive funds in carbon estimates.
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