TNFD calls for open source nature data
August 18th, 2023
The Taskforce on Nature-related Financial Disclosures (TNFD) has recommended creating a global nature-related public data facility.
TNFD claimed the facility would meet the growing demand for nature-related data it …
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CalSTRS votes against 2,035 boards for inadequate climate risk disclosures
August 18th, 2023
The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to …
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SEC and ASIC crack down on greenwashing
August 16th, 2023
The Australian and US national financial regulators are taking legal action against companies accused of greenwashing funds and misleading investors.
The Australian Securities and Investment Commission (ASIC) and the US …
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August 11th, 2023
A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they …
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Largest asset managers ‘off-track’ on net zero commitments
August 9th, 2023
Some of the world’s largest asset managers are far off track on meeting their 2050 net zero commitments, a study by data tool FinanceMap has found, with many failing …
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August 7th, 2023
Just a small minority of large US companies are able to share their total worldwide tax contributions, as pressure from stakeholders and regulators over ESG disclosure grows, a …
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Republican-led FSC proposes ESG crackdown legislation
1st August, 2023
The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.
The committee, chaired by Republican Patrick …
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France proposes national corporate sustainability requirement
July 29th, 2023
The French national assembly has adopted a “Say on Climate” amendment to its Green Industry Bill, requiring all companies to establish climate and sustainability strategies.
The amendment requires the board …
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August 1, 2023
The Australian Securities & Investments Commission (ASIC) has filed a lawsuit against Vanguard’s Australian entity for not applying appropriate ESG filters on some of its supposedly ethical funds.
The …
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FRC applauds new reporting requirements
July 26th, 2023
The Financial Reporting Council (FRC) has welcomed the UK government’s draft statutory instrument on corporate reporting, which introduces new requirements for companies.
The new rules will require companies to introduce an …
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