Japanese asset managers would prefer to see a market-led
rather than regulatory-led response to climate change,
according to panellists at ICMA’s Developments in
Green, Social and Sustainability Bond Markets conference in
Tokyo this week.
The EU’s landmark sustainable finance taxonomy
is set to be finalised at the end of this year.
It’s essentially a list of economic activities
with environmental and social performance criteria. The idea is
to support the industry to transition towards a lower carbon
The taxonomy is expected to commence between 2020 and 2022,
said Nathan Fabian, chief responsible...