The participating banks are Bank of America, Citigroup, Goldman Sachs, JPMorgan Chase, Morgan Stanley, and Wells Fargo.
Remedies needed to address misaligned incentives and lack of comparability in booming market, says ratings agency.
The Investor Group on Climate Change has outlined “high priority policies“ needed to “unlock capital” for Australia’s net zero transition.
The UN-convened Net Zero Asset Owners Alliance has called on policymakers to facilitate the scaling of blended finance structures to fund climate solutions.
New York City Comptroller is calling for BlackRock to better align its investment activities with its climate commitments.
GFANZ has released a report advising companies on the information they should disclose in their transition plans.
Over half of S&P 500 firms assessed by CDP are 90-99% aligned with the TCFD key recommendations.
Reclaim Finance calls on US banks to “immediately complement their net zero pledges with real action and implement robust coal policies”.
Four environmental groups are set to start legal action in an attempt to prevent the EU including fossil gas in its sustainable finance rulebook.
The ECB has published details of how it intends to “gradually decarbonise” the corporate bond holdings in its monetary policy portfolio.