WWF call for urgent government action on biodiversity

January 12th, 2024


The Worldwide Wildlife Fund for Nature (WWF) have warned that without major changes by the UK government the food system in England will continue to fail people.

In a …

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ESG, PRI

FCA issues guidance on shareholder cooperation for ESG stewardship

January 2rd, 2024


The Financial Conduct Authority (FCA) has published guidance on ESG stewardship engagement and collaboration in relation to legislation on insider trading.

The UK regulator confirmed that voting intentions …

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TCFD Climate Disclosures

IFRS takes over monitoring climate-related disclosures from TCFD

December 8th, 2023


The International Financial Reporting Standards Foundation (IFRS) will oversee companies’ climate-related disclosures following the disbanding of the Task Force for Climate-related Financial Disclosures (TCFD).

The Financial Stability Board (FSB) …

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climate change, sustainability agreement

GRI and EFRAG partner for interoperability index 

December 6th, 2023


The Global Reporting Initiative (GRI) and the European Financial Reporting Advisory Group (EFRAG) have partnered to launch the GRI-ESRS Interoperability Index, which gives guidance on how to align both …

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shareholder proposals review, report

Minerva shareholder proposals annual review finds falling support for proposals

November 24th, 2023


2023 had the highest number of shareholder proposals, but support for proposals fell in each category other than governance, according to the latest Minerva Shareholder Proposals Annual …

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FRC

FRC scraps ESG policies as audit reforms left out of government agenda

November 8th, 2023


The Financial Reporting Council (FRC) will drop several proposals related to ESG set out in its UK Corporate Governance Code after it was dropped from …

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ESG disclosure, Sustainability reporting

South Korea delays ESG disclosure rules 

October 24th, 2023


South Korea’s Financial Services Commission (FSC) will postpone implementing ESG disclosure rules following similar moves from other countries.

The regulator said it would delay the implementation until after 2026 after …

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biodiversity

FfB publishes guide on biodiversity 

October 19th, 2023


The Finance for Biodiversity Foundation (FfB) has released recommendations for financial institutions on managing biodiversity and the climate nexus, the interaction between biodiversity and climate change.

The Unlocking the biodiversity-climate nexus

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greenwashing

ICMA highlights areas of concern in green bond market 

October 18th, 2023


The International Capital Market Association (ICMA) has identified four key areas of concern for sustainable bonds in its ‘market integrity and greenwashing risks in sustainable finance’ report.…

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scope 3

California’s new disclosure rules could give cover to SEC 

October 13th, 2023


California’s governor has passed new legislation requiring corporations to disclose their scope 3 carbon emissions ahead of new disclosure rules from the Securities and Exchange Commission (SEC).…

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