EU Reporting

EU requires audited sustainability disclosure of international companies


June 23, 2022

New directive to enforce more detailed and accessible sustainable reporting

Large European and non-European companies will be required to report on sustainability issues as the European Council and European …

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Convergence of ESG and non-ESG funds beckons

UK pensions to disclose climate alignment measures 


June 23, 2022

Hopes that the measures will pave the way forward for greener pensions

UK pensions will soon be made to disclose information about how their investments align with climate targets, …

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Institute of Directors Headquarters

Director code of conduct proposed by IoD


June 23, 2022

Measures to maintain high standards of professionalism and ethics

A code of conduct for UK directors has been proposed by the Institute of Directors (IoD), as part of a recent …

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ASIC

ASIC issues greenwashing guidelines


June 16, 2022

ASIC introduces guidelines to prevent greenwashing

The Australian Securities and Investments Commission (ASIC) has introduced a set of guidelines to prevent large funds from greenwashing.

In order to prevent greenwashing, ASIC’s guidelines ask …

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Diversity

EU Lawmakers outline new board diversity regulations


June 10, 2022

EU-listed companies to have at least 40% of their non-executive director positions held by women by 2026

New board diversity requirements have been outlined by the European Council and European …

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Due Diligence

Civil society groups call for stronger corporate sustainability due diligence


May 27, 2022

Following the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal …

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SEC forms climate and ESG taskforce

SEC fines BNY Mellon over false ESG statements


May 27, 2022

On May 23rd, 2022, The Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor, Inc. for misstatements and omissions about ESG considerations in undertaking investment decisions for mutual …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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Vale

SEC charges Brazilian mining company over safety claims

May 6, 2022


The charges follow the deadly Brumadinho dam collapse in January 2019. 

The Securities and Exchange Commission (SEC) has charged Brazilian mining company Vale S.A. with making “false and misleading” …

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StanChart boss pay slashed 29%

Standard Chartered fined record £46.55m by PRA


April 29, 2022

UK regulatory body the Prudential Regulation Authority (PRA) has issued Standard Chartered Bank with a £46.55 million …

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