April 28, 2023
Cigarette maker British American Tobacco (BAT) has paid penalties totalling more than $629 million (£503.5 million) to US authorities to settle charges related to breaches of sanctions against North …
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Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.
The latest draft of the European Commission’s …
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The UK’s charities regulator has scrapped words such as “ethical” and “responsible” from its investment guidelines in a major overhaul designed to modernise its advice for non-profits.
The Charity Commission has proposed “retiring” certain phrases that charities have said are …
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April 20, 2023
The European Commission (EC) has amended guidance to clarify how to interpret the Sustainable Financial Disclosure Regulation (SFDR).
In response to questions posed by the European Supervisory Authorities, the updated guidance confirmed …
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April 13, 2023
Taskforce on Nature-related Financial Disclosures (TNFD) requires further guidance, according to results from pilot testing of the beta framework.
The UNEP FI-led pilot found that the current version of the …
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April 12, 2023
The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.
The UK regulator has delayed the implementation date for sustainability disclosure …
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March 24, 2023
The European Commission has proposed new rules on companies’ environmental claims – but some campaigners say they don’t go far enough.
Companies will be required to obtain independent verification of any environmental claims linked to their products, …
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March 23, 2023
US President Joe Biden has vetoed a bill that would prevent pension fund managers from considering climate change and ESG factors in their investment decisions.
On March 20, Biden …
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March 15, 2023
Kansas’ proposed legislation to prevent ESG considerations by public contractors could lower state pension system returns by $3.6bn over the next decade.
The Protection of Pensions and Businesses …
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10 March 2023
Rio Tinto has paid the Securities and Exchange Commission (SEC) $15m to settle charges from the regulator over bribery failures.
In paying the civil penalty, the mining giant is …
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