Carbon emissions, net-zero

Investor group challenges EU taxonomy updates


January 14, 2021

The Institutional Investors Group on Climate Change (IIGCC) has warned against gas being included in the EU’s sustainable finance taxonomy, claiming the move by the bloc is incompatible with its commitment …

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Australia, Parliament, JobKeeper

Australia pushes ahead with proxy reforms


January 7, 2022

The Australian government has introduced a new regulation to reform proxy voting advice services.

The reforms extend the country’s financial services licensing regime to cover a broader range of proxy adviser …

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nuclear, power plant

EU taxonomy plan for nuclear sparks controversy


January 07, 2022

The European Commission is in talks to classify nuclear energy and gas as green investments in its new sustainable taxonomy.

The decision has caused consternation among member states, particularly in …

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Canadian Prime Minister, Justin Trudeau

Canadian PM calls on ministers to push for climate disclosures


December 24, 2021

Canadian Prime Minister Justin Trudeau has written to his finance and environment cabinet ministers urging them to push for mandatory climate-related financial disclosures.

The PM outlined a …

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climate risks

FCA unveils final rules on TCFD requirements


December 24, 2021

The Financial Conduct Authority (FCA) has published a set of final rules requiring investment managers, pension funds, life insurers and publicly listed companies to provide disclosures aligned to the Taskforce …

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FCA

FCA finalises UK listing rule changes


December 10, 2021

The UK will introduce new dual share class structures and raise the minimum market capitalisation threshold to £30 million under fresh amendments to the country’s listing rules.

The changes were announced

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pensions, green, stewardship

Pensions Minister urges investors to boost stewardship


December 10, 2021

UK asset managers should comply with new stewardship guidelines to give their clients greater influence over voting shares held in pooled funds, the country’s pensions minister has said.

Guy Opperman, …

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emissions

Australian regulator shies away from mandatory climate disclosures


December 3, 2021

The Australian Prudential Regulation Authority (APRA) has opted not to include mandatory climate risk disclosures in new guidance for the country’s financial services sector.

The APRA has published a …

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delayed

EU delays SFDR product disclosure rules to 2023


December 3, 2021

EU rules requiring greater disclosure of investment products’ green credentials are to be delayed until 2023, it has emerged.

The European Commission has postponed the implementation of disclosure requirements …

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Corporate Governance

FRC targets governance code improvements


December 3, 2021

The UK’s accounting watchdog has reported general improvements in reporting against the UK Corporate Governance Code, but has called for improvements in several areas.

The Financial Reporting Council (FRC) said in its …

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