ESG

Pension schemes too focused on minimum ESG requirements

August 1st, 2024


The Pensions Regulator (TPR) found that many pension trustees are only delivering on the minimum requirements for the ESG duties.

The UK regulator’s Market Oversight: ESG report found that …

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ESMA

ESMA releases opinion on sustainability framework

July 30th, 2024


The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.

The financial markets regulator said that while the framework …

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Ecology law environmental impact assessment and natural resources law and taking climate legal action and greenhouse gas reduction regulations with 3D

ExxonMobil to go to court over climate deception lawsuit

July 26th, 2024


Connecticut Attorney General William Tong’s consumer protection case against ExxonMobil will advance towards trial, court rules.

This week, a Connecticut judge denied ExxonMobil’s motion to dismiss Tong’s lawsuit, …

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climate risk

Action on climate needed for global equity values

July 24th, 2024


Climate risk has a significant impact on global equity valuations and aggressive policies are needed to reduce losses, according to research from EDHEC-risk climate impact institution.

The study, “…

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FRC Logo

FRC releases major update to UK Stewardship Code

July 22nd, 2024


The Financial Reporting Council (FRC) has published significant revisions to the UK Stewardship Code application process.

The regulator has also announced that it has identified five priority areas of …

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Green energy for clean and sustainable environment. Wind energy used in the industry of factories, machines and technologies. Reducing Co2 emissions and limiting global warming and climate change

Climate disclosure in US strong at state level

July 19th, 2024


California, Illinois and New York have pushed ahead with climate disclosure requirements despite legal push back on the Securities and Exchange Commission’s (SEC’s) final regulations.

The SEC finalised its …

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TNFD nature-related disclosures

SBTN publishes updated guidance for nature targets

July 18th, 2024


The Science Based Targets Network (SBTN) has released amended guidance and a new corporate manual with updated advice for companies.

The updated technical guidance and enabling materials emphasised the importance …

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listing rules, rules

FCA overhauls listing rules in final reforms

July 12th, 2024


The Financial Conduct Authority (FCA) has updated the UK’s listing regime to streamline the rules, hoping to boost growth and innovation.

The rules, which will apply from 29 July …

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greenwashing

CFA warns changes needed to EU regulatory framework

July 12th, 2024


The Chartered Financial Analyst (CFA) Institute has urged the European Union (EU) to address the challenge of unreliable ESG data and mitigate greenwashing risks in its ESG regulatory framework.…

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Sustainability reporting

EU officially publishes CSDDD

July 9th, 2024


The European Union (EU) has officially released the Corporate Sustainability Due Diligence Directive (CSDDD), which will soon be adopted into EU member states’ law.

Following a final vote by the European Parliament, the …

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