Royal Bank Canada

RBC faces shareholder resolution over sustainability-linked debt


March 4th, 2022

A shareholder advocacy group has filed a resolution with the Royal Bank of Canada (RBC) regarding the bank’s use of sustainability-linked debt.

Investors for Paris Compliance (I4PC) filed the resolution

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The EU Sustainable Finance Platform: Where are the owners? Stewardship Code IIGCC

Human rights alliance warns of due diligence gaps


March 04, 2022

The Investor Alliance for Human Rights has cautioned that “significant gaps” remain in the European Commission’s (EC’s) proposal for a directive on corporate sustainability due diligence.

The Alliance said …

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net zero

TPI sets out net-zero pathways for highest emitting sectors


February 18, 2022

The Transition Pathway Initiative (TPI) has created a framework for assessing corporate decarbonisation progress across the 10 highest emitting economic sectors.

The asset owner-led organisation’s report translates International …

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taxonomy

ICMA to address EU Taxonomy usability concerns


February 18, 2022

The International Capital Market Association (ICMA) is to address usability concerns over the EU Taxonomy for sustainable activities. Its new report highlighted the difficulty in sourcing or estimating the required …

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human rights, EU

Companies urge EU to extend human rights, environmental rules


February 11, 2022

The letter comes after a delay in the publication of the EU Commission’s proposed legislation.

The EU Commission should extend its planned rules on human rights and environmental …

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emissions

California eyes mandatory GHG emissions disclosure


January 4, 2022

The California Senate has passed the Climate Corporate Accountability Act, a new bill that requires companies doing business in the state to disclose greenhouse gas (GHG) emissions.

California has become the …

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ESGvolution, Environment, Nature, Nature-related

Taskforce on nature expands membership


January 28, 2022

The Taskforce on Nature-related Financial Disclosures (TNFD) has added 13 new “knowledge partners” including the CDP, Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI).

The TNFD is developing a …

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Asia, Finance, Singapore

Asia’s ESG ratings sector still developing, says OECD


January 21, 2022

ESG ratings are still in the early stages of development in the Asia Pacific region, according to a report from the OECD.

The Trends in ESG Investing and Quality

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Canada, Parliament

Canada delays sustainability standards board


January 21, 2022

Canada’s consultation on its new sustainability standards board has extended its deadline until March, 2022. Last November Canada became the latest country to pursue its own sustainability reporting standards after it announced …

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IFRS ISSB Logo

IFRS begins search for sustainability standards board


January 14, 2022

The International Financial Reporting Standards (IFRS) Foundation has begun its formal search for board members to sit on its new sustainability standards body.

The International Sustainability Standards Board (ISSB) …

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