Climate change

Canada to set mandatory climate disclosures for large companies

October 18th, 2024


Canada will set mandatory climate-related disclosures for large federally incorporated private companies, as part of two sustainable finance initiatives aimed at achieving net zero by 2050.

Deputy prime …

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greenwashing, green misleading adverts

Toronto cracks down on misleading fossil fuel adverts

October 9th, 2024


The Toronto Transit Commission (TTC) has banned misleading fossil fuel advertisements in a move similar to the City of Toronto’s infrastructure committee’s recent decision.

The new policy aims to …

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US Dollar, ESG, ESG reporting

US Senator introduces bill to bar fiduciaries from prioritising ESG over financial returns

October 4, 2024


US Senator Bill Cassidy has introduced a bill aimed at preventing fiduciaries from prioritising ESG factors over financial returns, directly challenging a Department of …

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Corporate Governance

Ireland introduces Corporate Governance Code  

September 25, 2024


Euronext Dublin has launched the Irish Corporate Governance Code, which introduces a set of principles that highlight the importance of good corporate governance for achieving long-term success.

The launch follows a recent

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Green energy for clean and sustainable environment. Wind energy used in the industry of factories, machines and technologies. Reducing Co2 emissions and limiting global warming and climate change

SBTi expands revisions to Corporate Net-Zero Standard to refine neutralisation approach

September 20th, 2024


The Science Based Targets initiative (SBTi) has broadened its revisions of the Corporate Net-Zero Standard to refine its approach to neutralisation.

The Corporate Net-Zero Standard provides …

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collaboration

TISFD urged to align disclosures with ISSB’s human capital project 

September 19, 2024


Financial institutions have called on the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) to collaborate with International Sustainability Standards Board’s (ISSB) human capital standard-setting project, rather …

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climate reporting

Australia steps closer to mandatory climate reporting

August 29th, 2024


The Australian senate has passed a bill to introduce mandatory climate reporting for large and medium-sized companies as part of the government’s sustainable finance strategy.

Senators voted 34-25 to support …

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The Australian Competition and Consumer Commission or ACCC, an independent authority of the Australian government.

PRI, ACSI and ASFI call for focus on social factors in sustainability guidance

August 16th, 2024


Investor groups have urged the Australian Competition and Consumer Commission (ACCC) to include social factors in its draft guide to sustainability collaborations.

The draft

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ESG Ratings

UK government to introduce law regulating ESG rating agencies

August 9th, 2024


The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies.

On a visit to Toronto, …

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ESMA

ESMA releases opinion on sustainability framework

July 30th, 2024


The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.

The financial markets regulator said that while the framework …

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