Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.
The latest draft of the European Commission’s …
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April 15, 2023
Follow This has urged shareholders to support its proposal to align BP’s climate policy with the Paris Agreement after the oil giant lowered targets earlier this year.
Ahead of BP’s annual …
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The UK’s charities regulator has scrapped words such as “ethical” and “responsible” from its investment guidelines in a major overhaul designed to modernise its advice for non-profits.
The Charity Commission has proposed “retiring” certain phrases that charities have said are …
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April 20, 2023
The European Commission (EC) has amended guidance to clarify how to interpret the Sustainable Financial Disclosure Regulation (SFDR).
In response to questions posed by the European Supervisory Authorities, the updated guidance confirmed …
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April 13, 2023
Taskforce on Nature-related Financial Disclosures (TNFD) requires further guidance, according to results from pilot testing of the beta framework.
The UNEP FI-led pilot found that the current version of the …
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April 13, 2023
A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly.
The ‘Freedom to Invest’ coalition produced a statement arguing …
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April 12, 2023
The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.
The UK regulator has delayed the implementation date for sustainability disclosure …
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Texas has moved to ban state entities from doing business with HSBC after the financial services giant introduced a new policy to transition away from financing fossil fuels.
The US state has added HSBC to a list of banned companies …
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March 24, 2023
The European Commission has proposed new rules on companies’ environmental claims – but some campaigners say they don’t go far enough.
Companies will be required to obtain independent verification of any environmental claims linked to their products, …
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