IASB

March 28, 2023


The International Accounting Standards Board (IASB) has begun evaluating how companies can improve their climate-related risk reporting.

The new project, launched under the purview of the International Financial Reporting Standards Foundation (IFRS), …

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US President Joe Biden

Biden vetoes bill to overturn DOL ESG rule 

March 23, 2023


US President Joe Biden has vetoed a bill that would prevent pension fund managers from considering climate change and ESG factors in their investment decisions.  

On March 20, Biden …

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TCFD aligned Pension Funds, LGPS

Kansas anti-ESG bill could reduce pension returns by $3.6bn  

March 15, 2023


Kansas’ proposed legislation to prevent ESG considerations by public contractors could lower state pension system returns by $3.6bn over the next decade.  

The Protection of Pensions and Businesses …

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UK social taskforce members revealed

9 March 2023


Membership of the UK’s new social taskforce has been revealed, with Minerva Analytics part of this founding group.

Fifteen senior industry figures from across the pensions and engagement spaces have been named …

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Diversity

Do more on diversity, SEC urged by ex-chairs

7 March 2023


The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.…

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DoL, Department of Labor

House passes resolution to repeal DOL ESG rule 

March 2, 2023


House lawmakers have approved a resolution to overturn the Department of Labor’s (DOL’s) new ESG rule for retirement plans, after 25 Republican states filed a suit to invalidate the …

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ESG disclosure, Sustainability reporting

IFRS standards effective from January 2024 

February 21, 2023


The International Financial Reporting Standards Foundation’s (IFRS’) new global sustainability and climate disclosure standards will come into effect in January 2024. 

On February 16, the International Sustainability Standards Board (ISSB) …

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SEC lambasted over shareholder rights change as companies fail to meet ESG targets

SEC open to easing controversial climate disclosure proposal

February 15, 2023


Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made.

The ‘Enhancement and Standardization of Climate-Related

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FRC Logo

FRC plans common framework for 2023 

February 2, 2023


The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year.  

The ‘FRC ESG Statement of Intent: What’s

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(c) Can Stock Photo / stoyanh

UK House of Lords debates transparency improvements for FS bill 

January 31, 2023


The UK’s House of Lords has debated proposed amendments to the Financial Services and Markets Bill to improve voting transparency.  

On January 30, the Lords considered revisions …

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