SDG

UN report shows how businesses benefit from engagement with SDGs

May 17th, 2024


Businesses incorporating the UN’s Sustainable Development Goals (SDGs) into their operations will see significant benefits, according to a new report. 

The UN’s SDG Showcase report showed that …

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Greenwashing, Smoke stacks at coal burning power plant

Canadian regulator launches greenwashing investigation into lululemon

May 16th, 2024


Competition Bureau Canada has begun an investigation into lululemon over allegations of greenwashing.

The investigation comes after stand.earth, an environmental advocacy organization, filed a complaint with the bureau claiming lululemon …

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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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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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Global warming and climate change

IIGCC updates its net zero framework to “reposition” wording

March 27th, 2024


The Institutional Investors Group on Climate Change (IIGCC) has updated its Net Zero Investment Framework (NZIF) to “reposition” objectives and add asset classes.

The group published NZIF 2.0

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european commission

“Watered down” CSDDD approved by EU Committee

March 22nd, 2024


The European Parliament’s Legal Affairs Committee has voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), amid criticism that the proposals were weakened by EU member states.

The …

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France Reduction of Co2 Emissions and ESG

ERAFP updates ESG and climate voting guidelines

March 14th, 2024


France’s public pension fund Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has updated its voting policy guidelines covering the evaluation of ESG and climate data.

The guidelines now …

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Investors urge companies to account for climate-related risks

Focus on sustainability will help trustees meet fiduciary duties, says FMLC

February 8th, 2024


The Financial Markets Law Committee (FMLC) has published a review on pension fund trustees’ fiduciary duties in relation to sustainability amid widespread uncertainty in the industry.…

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