Australia unveils mandatory climate disclosure legislation confirming 2024 start
The Australian Treasury today unveiled draft legislation for mandatory climate-related financial disclosures in Australia, for rules it said are in line with International Sustainability Standards Board (ISSB) climate standards.
ESG resolution support among US asset managers slumps in 2023
Key environmental, social and governance (ESG) shareholder resolutions at US firms in 2023 were backed by just half of major US asset managers, according to Morningstar - significantly falling behind their European peers.
Sovereigns lead 2023 sustainable bond issuance back to growth
Resurgent green bond issuance and record-breaking activity from governments edged the sustainable bond market back close to $1 trillion in 2023, Ahren Lester reports
Malaysian regulators to consult on adopting ISSB
GIIN promotes Shah to President
Funds with about £110bn in AUM to opt for UK FCA labels, Morningstar estimates
About 300 investment funds, which collectively manage about £110 billion ($140 billion), are set to adopt new UK sustainability fund labels this year, according to estimates by Morningstar.
NZBA to publish accountability mechanism in 'coming weeks'
The Net Zero Banking Alliance (NZBA) will in "coming weeks" publish details of its procedure for engaging with members not meeting their commitments, ahead of a deadline for the founding members of UN-convened alliance to report their targets.
Regulators open consultation on free EU database
COP28: What can we take away?
The agreement has increased transition risks, writes Anya Solovieva