Timeline, Clock, Ticking, Waiting

FCA sets timeline for TCFD alignment


14 May, 2021

New rules forcing asset managers and other financial services providers to disclose climate change risks will come into force later this year, the UK regulator has said.

Under proposals set out …

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China energy

China energy providers behind on carbon targets


14 May, 2021

China currently accounts for almost 28% of global carbon emissions, almost double the emissions of the United States. In accordance with international trends, most of China’s emissions are generated by …

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Sustainable Investment Standards: harmonisation or proliferation?


7 May, 2021

Businesses and investors in Germany are facing a fresh wave of environmental regulation after the government unveiled a new sustainable investment strategy just weeks after the EU announced its own far-reaching …

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Investors urge DoL to pull ESG proposals

DOL drops Trump ESG plans for new rulings


7 May, 2021

The US Department of Labor is set to formally abandon Trump-era plans to introduce anti-ESG legislation, and will engage with stakeholders to introduce new rules.  

Ali Khawar, acting assistant secretary for the Employee Benefits Security …

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(c) Can Stock Photo / stoyanh

UKSIF challenges UK to lead on ESG standards


7 May, 2021

New Policy Vision sets high expectations for the UK as minister urges asset managers to step up their engagement.

The UK Sustainable Investment and Finance Association (UKSIF) has urged …

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US Treasury Secretary Yellen vows to ‘rejoin’ climate fight


April 30, 2021

US Treasury Secretary Janet Yellen has said the US is ready to rejoin the fight against climate change “after sitting on the sidelines for four years”.

Yellen gave her backing to climate change initiatives such …

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SEC commissioner argues for tailored approach to ESG


April 23 2021

The financial services sector needs to “rethink our prescriptive approach” to environmental and societal problems, according to a leading US regulator.

Hester Peirce, a commissioner at the Securities and

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Charities, Responsible, Sustainable, greenwashing

The Charity Commission has re-issued guidance to charity trustees to end confusion over expectations for ethical or responsible investment.

Charity trustees had raised concerns over the clarity of the commission’s existing rules. Some said their overriding legal duty was …

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Biden, US

President Joe Biden will order US financial firms to disclose the climate-change risks of their investments, adding to the wave of global regulation on climate and investment.

The plan was announced on 7 April by US climate envoy John Kerry. …

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Floating green icons representing sustainability data and science

Trustees face enforcement action if they fail to comply

The Pensions Regulator (TPR) has warned trustees to act to meet new climate change regulations and warned it could take enforcement action against funds that failed to comply with their obligations.…

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