Sustainability is now fundamental to all bank operations. Restructuring to make sure that the right people are in the right sustainability roles has been a challenge for some firms. Euromoney looks at what is needed to become a credible ESG leader.

The recent update to the green taxonomy and implementation of the SFDR RTS have received a mixed reception in parts of the EU.

Announced on Tuesday at COP27, the Transition Plan Taskforce document responds to market demand for more uniformity on corporate plans.

Where do the borders of ESG lie – now and in the future? Investors from the US to China are revisiting these questions and finding thorny and often unpalatable answers, even as they dump Russian assets for ethical reasons. The results are set to shape the financial world’s relationship with sustainability for years to come.

Derivatives could turbocharge environmental, social and governance markets, with a related boost to bank revenues. However, they could also make it harder to monitor exposure.

It is showtime. One year after Toshiba’s AGM triggered 12 months of shareholder revolt and the departure of the CEO and several other key figures, it is time for the next meeting. They will have plenty to discuss.

Banks are refining their sustainable cash-management offerings, seeking to align their corporate sustainability strategies to financing and treasury actions.

Activist investor victory may open the floodgates for shareholder challenges against Japanese corporate management.

East Capital co-founder Karine Hirn began her investing career in Russia in the 1990s before moving to China to head up the firm’s Asian expansion. She discusses the challenges of the Chinese market, why eastern Europe has the edge on corporate boards and why governance is key to ESG.

The battle for control of Petropavlovsk has been raging since the board and management were unexpectedly voted out at the AGM in June. But only now has it become clear the role a conversion of bonds may have played. At issue are allegations of unequal bondholder treatment.

Using its balance sheet to help the transition to net zero emissions, racial equality and economic mobility, while supporting employees through Covid-19 and assisting communities in all markets it operates in, Bank of America has put corporate responsibility at its core.

Environmental and social issues not separate; BlackRock still not voting on climate reporting.

Blue states lead lagging US on environmental, social and governance (ESG) investing; pension funds hold investment managers accountable.