EU Council approves green taxonomy criteria
December 17, 2021
The first two chapters of the EU’s sustainable taxonomy rules have been passed by member states and will come into force at the start of next year.
The passing of the …
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Non-profits partner to boost financed emissions reporting
December 17, 2021
The Partnership for Carbon Accounting Financials (PCAF) and CDP have teamed up to boost the capacity of financial institutions to measure and disclose their financed emissions.
The collaboration will combine …
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Climate-linked pay on the horizon for Australian banks, report claims
December 10, 2021
Australian bank leaders could see their pay linked in part to achieving climate goals as investors continue to increase the pressure on companies over environmental issues.
An …
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Pensions Minister urges investors to boost stewardship
December 10, 2021
UK asset managers should comply with new stewardship guidelines to give their clients greater influence over voting shares held in pooled funds, the country’s pensions minister has said.
Guy Opperman, …
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Australian regulator shies away from mandatory climate disclosures
December 3, 2021
The Australian Prudential Regulation Authority (APRA) has opted not to include mandatory climate risk disclosures in new guidance for the country’s financial services sector.
The APRA has published a …
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EU delays SFDR product disclosure rules to 2023
December 3, 2021
EU rules requiring greater disclosure of investment products’ green credentials are to be delayed until 2023, it has emerged.
The European Commission has postponed the implementation of disclosure requirements …
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FRC targets governance code improvements
December 3, 2021
The UK’s accounting watchdog has reported general improvements in reporting against the UK Corporate Governance Code, but has called for improvements in several areas.
The Financial Reporting Council (FRC) said in its …
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EU looks to address ESG data gaps
November 26, 2021
The European Union is preparing a “single access point” for financial and sustainability data, according to leaked documents.
It has been reported that the EU wants to give investors “seamless …
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IOSCO calls for oversight of data providers
November 26, 2021
Providers of environmental, social and governance (ESG) ratings and data should be subject to greater oversight and regulation, according to watchdogs.
The International Organization of Securities Commissions (IOSCO) earlier this …
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