sustainability disclosure, climate standards

UK unveils new sustainability disclosure standards

August 11th, 2023


A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they …

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Sustainability standards consolidation draws closer

Republican-led FSC proposes ESG crackdown legislation 

1st August, 2023


The Republican-led US congressional Financial Services Committee (FSC) has proposed a series of bills that are designed to limit the impact of ESG initiatives.

The committee, chaired by Republican Patrick …

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ESG target, anti-ESG

Republican-led FSC attempts to crack down on ESG


July 18, 2023

The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.…

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ERISA House Committee ESG Factors US DCSS

US banking regulation bill gains bipartisan support

June 27, 2023


Democrat Senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.

In cooperation with …

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Divestment Sign

UK proposes anti-boycott bill

June 22, 2023


The UK government’s proposed legislation aimed at preventing local councils from imposing boycotts on Israeli goods is an attack on freedom of expression, according to civil society groups.  

The Economic Activity of Public …

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Global standard-setters unite on sustainability reporting

EU eases sustainability reporting rules 

June 20, 2023


The European Commission has introduced a series of proposed changes aimed at easing the burden on companies falling under the newly-widened remit of the European Sustainability Reporting Standards (ESRS). 

The proposals seek …

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DoL, Department of Labor

DoL’s new ESG rule takes finger ‘off the scale’

June 8, 2023


The US Department of Labor’s new ESG rule does not tip the balance in favour of ESG investing, according to officials within the department.

The rule, ‘Prudence and …

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EU votes to ban unsupported carbon neutral claims  

May 17, 2023


The European Parliament has voted to support a proposed ban on environmental claims that are based solely on carbon offsetting schemes. 

The ‘Directive on Green Claims’ would …

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Florida,Governor

Florida passes anti-ESG bill  

April 5, 2023


Florida has become the latest Republican state to prohibit the inclusion of ESG considerations in investment decisions, following similar legislation that passed in Kansas.  

Governor Ron DeSantis signed an anti-ESG bill to require …

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BAT fined $629M for North Korea sanction breaches

April 28, 2023


Cigarette maker British American Tobacco (BAT) has paid penalties totalling more than $629 million (£503.5 million) to US authorities to settle charges related to breaches of sanctions against North …

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