RBI proposes norms for disclosure of climate-related financial risks for lenders
The Reserve Bank proposed to make it mandatory for banks and NBFCs to disclose information about their climate-related financial risks on a standalone basis. Read more
Biodiversity-focused indexes join S&P DJI ESG offerings
S&P Dow Jones Indices launched indexes with a focus on biodiversity to help investors integrate more sustainability factors. The two new indices, the S&P 500 Biodiversity Index and S&P Global LargeMidCap Biodiversity Index, measure the performance of a subset of equity securities in those indexes, with constituents selected and weighted to reflect their alignment with certain environmental and biodiversity objectives Read more