US Court pauses SEC climate disclosure rules
March 20th, 2024
The Fifth Circuit US Court of Appeals has granted an administrative stay to temporarily halt the climate disclosures rules released by the Securities and Exchange Commission (SEC).
The ruling comes …
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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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EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties
March 7th, 2024
The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the …
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Anti-ESG sentiment in US could spread to Europe
February 16th, 2024
Opposition to ESG investment in the US could reach Europe, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen has warned.
Anti-ESG sentiment has been on the rise in the …
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NZAOA warns entire economic system is at risk
February 15th, 2024
The Net-Zero Asset Owner Alliance (NZAOA) has warned that asset owners would only be able to meet their clients’ net zero aspirations through climate stewardship.
The United Nations-backed group …
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Pensions not protecting people from climate-related financial risk
February 2nd, 2024
Pensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.
The report, ‘…
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IIGCC publishes net zero voting guidance
January 18th, 2024
The Institutional Investors Group on Climate Change (IIGCC) has published guidance to support investors in developing their own net zero policies and practices.
The Net Zero Voting Guidelines are aligned with …
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EU says circular economy is “vital” to meeting climate goals
January 12th, 2024
The European Commission has renewed its commitment to a circular economy and reducing reliance on fresh resources, describing it as a “no brainer”.
Florika Fink-Hooijer, director general …
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SFDR criticised over fund labelling and mandatory disclosures
January 12th, 2024
Assets managers have called for a new approach to fund labelling and mandatory disclosures in the European Commission’s Sustainable Financial Disclosure Regulation (SFDR).
In response to a consultation on …
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