The goal is to create a common language for the issuance of financial instruments
The bank provided US$42 billion in fossil fuel funding last year
Proposals would require decarbonization targets to be disclosed, among other revisions
ESG asset levels rose markedly since 2020, but growth was flattened by last year’s tough economy
Sector's rapid growth raises concerns with global regulators
A BoC paper found only small investor discounts for large GHG emitters, creating risk in the event of a sharp shift
MSCI changes methodology, resulting in one-time ratings shift
Regime to protect investors must also work for industry, regulator says
IOSCO calls for work to develop assurance standards for sustainability reporting
But little improvement in ESG voting record disclosure, finds responsible investing dashboard