SEC and ASIC crack down on greenwashing
August 16th, 2023
The Australian and US national financial regulators are taking legal action against companies accused of greenwashing funds and misleading investors.
The Australian Securities and Investment Commission (ASIC) and the US …
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August 11th, 2023
A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they …
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Largest asset managers ‘off-track’ on net zero commitments
August 9th, 2023
Some of the world’s largest asset managers are far off track on meeting their 2050 net zero commitments, a study by data tool FinanceMap has found, with many failing …
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August 7th, 2023
Just a small minority of large US companies are able to share their total worldwide tax contributions, as pressure from stakeholders and regulators over ESG disclosure grows, a …
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Republican-led FSC proposes ESG crackdown legislation
1st August, 2023
The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.
The committee, chaired by Republican Patrick …
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France proposes national corporate sustainability requirement
July 29th, 2023
The French national assembly has adopted a “Say on Climate” amendment to its Green Industry Bill, requiring all companies to establish climate and sustainability strategies.
The amendment requires the board …
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June 22, 2023
The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
The bodies are being established to …
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June 20, 2023
The European Commission has introduced a series of proposed changes aimed at easing the burden on companies falling under the newly-widened remit of the European Sustainability Reporting Standards (ESRS).
The proposals seek …
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Financial Services and Markets Bill adds nature into net-zero reg
June 14th, 2023
The UK’s House of Lords has added an amendment to the Financial Services and Markets Bill that adds nature to the upcoming regulatory principle on net-zero …
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June 2, 2023
The UK’s Financial Reporting Council (FRC) is consulting on revisions to the country’s Corporate Governance Code, with comments requested by 13 September.
The consultation follows a government response…
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