Republicans urge regulators to ban ESG and DEI considerations
February 6, 2025
Republican finance officials from 18 states have urged leaders of the Securities and Exchange Commission (SEC) and Department of Labor (DOL) to prohibit asset and retirement plan managers …
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Two accountancy bodies collaborate on standards for sustainability reporting
January 29th, 2025
The International Auditing and Assurance Standards Board (IASSB) and the International Ethics Standards Board for Accountants (IESB) have published standards and guidance to strengthen sustainability reporting.
The integrated …
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US regulators have made significant progress on climate-related risks, scorecard finds
December 18th, 2024
Ceres’ latest scorecard revealed that while the 10 US financial regulators have taken hundreds of actions over the last 18 months to address the systematic financial …
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California lawmakers threaten regulator
December 18th, 2024
California lawmakers have threatened the California Air Resources Board (CARB) in a letter concerning legislative oversight hearings.
California State Senators Scott Wiener and Henry Stern have warned the regulator with legislative oversight hearings …
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Hong Kong releases climate reporting standards
December 17th, 2024
Hong Kong’s Institute of Certified Public Accountants (HKICPA) has published new climate reporting standards.
Both new standards, HKFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and HKFRS S2 …
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Switzerland proposes expanding scope of mandatory climate reporting
December 13, 2024
Switzerland has proposed broadening the scope of companies subject to mandatory climate reporting.
The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, …
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NZAOA calls for regulatory mandates on Scope 3 disclosure
December 6th, 2024
The Net-Zero Asset Owner Alliance (NZAOA) has called for mandatory regulation to overcome data and disclosure challenges related to Scope 3 emissions.
The UN-convened initiative, which represents 89 …
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South Korea proposes amendments to better protect minority shareholders
December 6th, 2024
South Korea’s financial regulator has pushed for a revision of the law to improve transparency and fairness in corporate mergers, aiming to better protect minority shareholders.
The Financial …
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EU and UK introduce regulations for ESG ratings providers
November 28th, 2024
Both the EU and UK are set to implement regulations for ESG ratings providers aimed at improving transparency in methodology and strengthening investor confidence.
The Council of the …
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