Author Archives: Liz Pfeuti
DoL, Department of Labor

Republicans challenge DOL’s ESG rule 

February 8, 2023


In the latest anti-ESG action taken in the US, Republicans in the Senate and House have filed joint bills to nullify the Department of Labor’s (DOL’s) new ESG rule for retirement plans.  …

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EU Flags in front of the European Commission

February 3, 2023


The European Commission’s (EC’s) plans to harmonise the structure of multiple-voting rights (MVR) for SMEs have been criticised for “lacking” any legal basis.

A piece on the Oxford Business Law

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FRC Logo

FRC plans common framework for 2023 

February 2, 2023


The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year.  

The ‘FRC ESG Statement of Intent: What’s

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(c) Can Stock Photo / stoyanh

UK House of Lords debates transparency improvements for FS bill 

January 31, 2023


The UK’s House of Lords has debated proposed amendments to the Financial Services and Markets Bill to improve voting transparency.  

On January 30, the Lords considered revisions …

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FCA

FCA sets “higher bar” for greenwashing 

January 31, 2023


The UK regulator’s proposals to suppress greenwashing set a “higher bar” than the EU’s rules, according to the UK Sustainable Investment and Finance Association (UKSIF). 

Representing firms overseeing £19trn of assets, …

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Sustainable Finance Definition written within the EU Taxonomy

Stakeholder group flags issues with EU Taxonomy

January 27, 2023


The European Securities and Markets Authority (ESMA) has been urged to clarify the label and scope of Article 8 and Article 9 products.

In a letter, the Securities and …

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Divestment Sign

GFANZ criticisms raise fossil fuel divestment debate

January 25, 2023


Concerns over greenwashing, and the current reality of fossil fuel investment and divestment, have been raised again in an analysis of the Glasgow Financial Alliance for Net Zero (GFANZ) by …

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Investors back EU plan for human rights due diligence rules

European trade groups propose amendments to CS3D 

January 24, 2023


Several major European trade bodies have joined forces to urge the European Parliament and Council to amend the due diligence framework.  

Twenty-seven European trade organisations have proposed recommendations to enhance …

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Human Rights, United Nations

UNGC finds CEOs off track for 2030 goals

January 10, 2023


CEOs must accelerate their work in sustainability in order to achieve the Sustainable Development Goals (SDGs) by 2030, according to new research by the United Nations.  

The UN Global

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net zero

Major UK FS bill lacks net-zero provisions 


January 19, 2023

The UK’s House of Lords has urged the Financial Services and Markets Bill must be amended to facilitate the transition to a net-zero economy. 

During the bill’s second reading at …

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