The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the same day the European Parliament adopted new rules on sanctions for environmental crimes.
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EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties
The Securities and Exchange Commission (SEC) has finalised its climate disclosure rules after more than a year wrestling over the requirements.
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The Oklahoma legislature has advanced two bills to amend its anti-ESG law, which introduces regulations for state pension systems considering ESG factors in investment decisions.
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The just transition will need to rely on the finance sector to ensure the global transition to a resilient, net-zero and nature-positive economy is done in a socially inclusive and fair way, a new report has found.
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The UK House of Lords has passed a bill to prohibit public authorities participating in boycott, divestment and sanctions campaigns.
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China’s major stock markets have announced sustainability reporting guidelines to be adhered to from 2026 and to include a double materiality approach.
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Opposition to ESG investment in the US could reach Europe, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen has warned.
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The US Chamber of Commerce has filed a lawsuit against the state of California over its new corporate climate disclosure laws.
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Australia proposes new law on climate reporting February 5th, 2024 The Australian government has proposed a new law to establish a climate risk disclosure framework, introducing new reporting requirements for companies. The draft legislation amends the Australian Securities and Investment Commission Act 2001 and the Corporations Act 2001 to introduce standardised climate-related reporting requirements. The […]
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Pensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.
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