Khalid Azizuddin

The initiative is set to launch this year and aims to support global interoperability, particularly across smaller markets.

It comes amid concerns around duplicative reporting and fragmentation of sustainability standards.

Early draft framework approved and renamed, with reservations around potential 'mixed approach' on climate and other sustainability issues.

The draft legislation will now undergo at least two months of scrutiny by EU legislators before final adoption.

ESG ratings providers have until early August to notify the regulator of intention to request approval to distribute in EU.

The latest movers and shakers in ESG: Bella Landymore to leave Impact Investing Institute and Nosheen Malik named new EU Bloomberg ESG ratings chief.

Built-in reliefs in global reporting standard have been tweaked to allow for city state's climate-first approach.

Low ESG rating score raises questions over eligibility for entry into sustainability indices of Elon Musk's space technology giant.

Brussels sources push back against use of Common Ground Taxonomy as standard-setting framework, despite traction among issuers in China.

AI conduct risk set to become increasingly material as investors battle near-term pressures like the oil price crisis.