Blocks spelling out SDR against a green background

FCA delays SDR for second time 

July 21st, 2023


The Financial Conduct Authority (FCA) has delayed publishing its final Sustainability Disclosure Requirements (SDR) until Q4 2023.

In a regulatory update, Nikhil Rathi, CEO of the FCA, and Sam …

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API, oil, petroleum

UK asset managers U-turn on climate at oil firms’ AGMs 

21st July, 2023


Some of the biggest UK asset managers have withdrawn their support for a shareholder resolution to cut carbon emissions.

UK AMs including Legal & General, Schroders …

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ESG target, anti-ESG

Republican-led FSC attempts to crack down on ESG


July 18, 2023

The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.…

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€2.1tn investor coalition forms to tackle digital harm 

July 14, 2023


A coalition of investment firms representing €2.1tn in AUM has launched to tackle digital harm, focusing on the largest companies in the media, Internet and gaming sectors.

Sycomore …

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legal action

Kenyan workers’ case to be heard in Scotland 

July 14th, 2023


A Scottish court has ruled that it will allow a case brought by Kenyan farm workers against a major global tea firm to be heard in Scotland. 

Up …

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Diversity, Equity and Inclusion Symbols

TPR launches first trustee diversity survey 

July 11th, 2023


The Pension Regulator (TPR) is calling on trustees to take part in its first diversity and inclusion survey, to build a clearer picture of the make up of UK boards.

The …

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European Union Flag in front of a group of wind turbines

ICGN calls for further changes to European Sustainability Reporting Standards

July 8th, 2023


The International Corporate Governance Network (ICGN) has called on the European Sustainability Reporting Standards (ESRS) to provide more support for investors to help them meet disclosure requirements.…

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ESG target, anti-ESG

North Carolina anti-ESG bill becomes law 

July 6, 2023


A North Carolina anti-ESG bill has become law after a Democratic veto was overturned.

The new law prohibits state agencies and state pension plan fiduciaries from considering ESG measures when …

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Capitol Building, Congress, Banking Bill passed in the Senate

US banking regulation bill gains bipartisan support

June 27, 2023


Democrat Senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.

In cooperation with …

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EU Offices, Used as a placeholder for ESMA offices

EFRAG calls for financial advisory panel members

June 22, 2023


The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.

The bodies are being established to …

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