Following the ISSB’s decision, all entities will be required to file reports under the two standards from early 2025.
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FRC plans common framework for 2023 February 2, 2023 The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year. The ‘FRC ESG Statement of Intent: What’s Next’ revealed the independent regulator will establish standardised requirements for developing and reporting climate transition plans […]
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FCA sets “higher bar” for greenwashing January 31, 2023 The UK regulator’s proposals to suppress greenwashing set a “higher bar” than the EU’s rules, according to the UK Sustainable Investment and Finance Association (UKSIF). Representing firms overseeing £19trn of assets, the group stated they were “strongly supportive” of the Financial Conduct Authority’s (FCA’s) proposed sustainability […]
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SEC commissioner Elad Roisman, one of the four leading officials at the US regulator, has called for ESG labelling from fund groups to be made clearer. However, at the same time Roisman is wary about more “prescriptive” ESG disclosure requirements being introduced for listed companies. Giving the keynote speech at the Society of Corporate Governance’s virtual national conference, Roisman said asset managers […]
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