Green financial disclosure documents spread out upon a table top

European Commission updates SFDR guidance 

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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UNEP logo, convenor of UNEPFI, a cofounder of the TNFD

Pilot test shows TNFD requires further guidance 

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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Blocks spelling out SDR against a green background

FCA delays introduction of SDR 

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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Image of power plant emissions being erased, with the word 'greenwashing' superimposed.

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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US President Joe Biden

Biden vetoes bill to overturn DOL ESG rule 

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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TCFD aligned Pension Funds, LGPS

Kansas anti-ESG bill could reduce pension returns by $3.6bn  

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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Rio Tinto Headquarters, Perth

Rio Tinto pays $15m penalty over bribery failures

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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UK social taskforce members revealed

9 March 2023


Membership of the UK’s new social taskforce has been revealed, with Minerva Analytics part of this founding group.

Fifteen senior industry figures from across the pensions and engagement spaces have been named …

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Diversity

Do more on diversity, SEC urged by ex-chairs

7 March 2023


The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.…

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DoL, Department of Labor

House passes resolution to repeal DOL ESG rule 

March 2, 2023


House lawmakers have approved a resolution to overturn the Department of Labor’s (DOL’s) new ESG rule for retirement plans, after 25 Republican states filed a suit to invalidate the …

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