IFRS logo

More reporting standards consolidation – but is it a good move?


November 11, 2021

The International Financial Reporting Standards (IFRS) Foundation has this week announced further consolidation plans between global sustainability reporting standard setters.

On 3 November, the foundation announced …

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Money, Sustainable, Remuneration

CFOs and CIOs called upon to give views on ESG progress


October 15, 2021

International accounting standards group Accounting for Sustainability (A4S) is seeking input from corporate finance and investment chiefs on trends and views on the evolving ESG investment …

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Pollution, climate

Major companies fail to account for climate risks

Chevron, ExxonMobil, BMW, and Air France-KLM among those not fully ‘accounting for climate-related risks’


September 24, 2021

Over 70% of listed, high-polluting companies around the world failed to adequately account for climate-related …

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One in three applications to UK Stewardship Code fail

Applicants include asset managers, asset owners, and service providers 


September 10, 2021

One in three applicants to the UK’s Financial Reporting Council’s (FRC) Stewardship Code did not meet the required standard, …

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Letter

TCFD recommendations ‘lack feasibility for pension funds’

Technical gaps and weaknesses risk “carbon washing” of funds, warns the Transition Pathway Initiative


July 23, 2021

UK-based asset owners have warned that the Task Force on Climate-related Financial Disclosures (TCFD) portfolio alignment …

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Big Tech

Tech giants resist adding ESG to financial reports


June 25, 2021

Leading global tech groups are resisting plans to include ESG disclosures in financial statements to US regulators.

Tech giants including Microsoft, Alphabet, Amazon, and Facebook have written to the …

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Record

CDP attracts record support for environmental reporting work


June 25, 2021

The Carbon Disclosure Project (CDP) has attracted record support for its 2021 campaign for corporate environmental reporting.

The non-profit group said this week that 168 investors and financial institutions …

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FCA logo

FCA signals the expansion of climate disclosure rules


June 25, 2021

The UK’s Financial Conduct Authority (FCA) has published plans to extend climate-related disclosures to all companies listed on London’s main stock market as well as to all asset managers, …

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Offshore Accounts, Taxes

International investors push for tax transparency law


May 21, 2021

Investors managing $2.9 trillion worth of assets have written to US congressional leaders calling on them to back a new law to improve tax transparency.

The 66 institutional investors are …

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SEC creates new senior climate change role

Ceres calls for SEC to get tough on green disclosures


May 21, 2021

Not-for-profit sustainability advocacy organization Ceres is urging companies and investors to get behind its campaign for more disclosure on carbon footprints.

The Boston-based group is calling on …

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