Hareid, Norway - 2022 March 24. Rig move of Equinor oil platform Njord Alpha with ahts vessel Siem Pearl innside the Norwegian fjord.

Investors get louder on demands for climate action: boardrooms stall and lurch in response

May 21st 2024


Institutional investors and shareholder advocacy firms across the world are increasingly calling for more action from energy companies in response to the climate …

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Oklahoma on the map of USA

Oklahoma AG fires counsel after anti-ESG law blocked by judge

May 17th, 2024


Oklahoma Attorney General Gentner Drummond has fired the Treasurer-appointed legal counsel on the state’s anti-ESG law case. 

The move followed District Court Judge Sheila Stinson’s decision last …

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Biodiversity

ISSB begins research on biodiversity standards

April 25th, 2024


The International Sustainability Standards Board (ISSB) has commenced projects to research disclosure about risks and opportunities associated with biodiversity.

The projects will assess the corporate disclosure risks across biodiversity, ecosystems and …

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EU, European Union

EU Parliament approves CSDDD

April 24th, 2024


The European Parliament has voted to approve the Corporate Sustainability Due Diligence Directive (CSDDD) in another step towards the requirements being formally adopted by the European Union.

The CSDDD will require companies to …

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Sustainability

FCA proposes extended sustainability framework to include PMs

April 23rd, 2024


The UK’s Financial Conduct Authority (FCA) has opened a consultation to extend the Sustainability Disclosure Requirements (SDR) to include portfolio managers.

The regulator said the proposed labelling and SDR …

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petrobras

Petrobras chair reinstated after suspension for allegations of non-compliance

April 17th, 2024


Oil giant Petrobras’ chairman Pietro Adamo Sampaio Mendes has been reinstated to his role after being suspended this week following allegations of non-compliance with the requirements of the …

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collaboration

TNFD and GRI collaborate on mapping document and guidelines

April 17th, 2024


The Global Reporting Initiative (GRI) and the Taskforce on Nature-related Financial Disclosures (TNFD) are once again joining together to offer guidance for companies on corporate reporting standards.

The …

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net zero

EU Parliament adopts voluntary certification framework for carbon removals

April 11th, 2024


Members of the European Parliament (MEPs) voted to adopt an agreement to establish an EU certification framework for carbon removals.

The certification framework aims to boost high-quality carbon …

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jusst transition, TRANSITION PLANS

Transition Plan Taskforce publishes final set of resources

April 11th, 2024


The Transition Plan Taskforce (TPT) has launched its final sector guidance to help companies and financial institutions to develop their transition plans.

The resources include sector-specific transition plan guidance …

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CLIMATE

Japan releases ISSB-based reporting standards

April 10th, 2024


The Sustainability Standards Board of Japan (SSBJ) has issued a proposal of its Sustainability Disclosure Standards to be applied in Japan, aligned with the International Sustainability Standards Board (ISSB).

The SSBJ announced

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