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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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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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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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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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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NZAOA calls on policymakers to unlock $275trn in climate opportunities
September 6th, 2023
The Net-Zero Asset Owner Alliance (NZAOA) has urged policymakers to overcome political barriers and open up $275 trillion in climate investment opportunities.
The group published a new …
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Investor group calls for banks to do more on human rights
September 26th, 2023
Investors representing $861bn in assets under management have backed Dutch campaign group BankTrack’s 2022 Global Human Rights Benchmark and called on commercial banks to do …
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SBTi announces upgrade to target validation services
September 20th, 2023
The Science Based Targets initiative (SBTi) has revealed it will reform its validation services division in a slew of changes to its operation.
The organisation will separate its target …
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NGFS call on central banks to step up on climate litigation
September 12th, 2023
The Network for Greening the Financial System (NGFS) has urged central banks and financial supervisers to build up their capabilities for assessing and managing risks …
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UKSIF urges government to stick to net-zero ambitions
September 1st, 2023
The UK Sustainable Investment and Finance Association (UKSIF) has warned the government that climate wavering risks its position as a world leader in sustainable finance.
UKSIF, which represents banks, …
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