US Dollar, ESG, ESG reporting

Invesco to pay $17.5 million against greenwashing allegations 

November 13th, 2024


 

Invesco advisers have designated $17.5 million to resolve allegations that the firm had been greenwashing, according to the Securities and Exchange Commission (SEC). 

 The allegation follows a claim that

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Cybersecurity

SEC fines four companies $7 million for “downplaying” cyberattack

October 23, 2024


An American regulator has charged and imposed penalties totalling $7 million on four companies for making misleading disclosures linked to the 2019 SolarWinds data breach.

The Securities and …

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ESG Ratings

UK government to introduce law regulating ESG rating agencies

August 9th, 2024


The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies.

On a visit to Toronto, …

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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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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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USA climate change vesus financial gains

Republicans file for SEC climate rules to be scrapped

June 27th, 2024


A group of 35 Republican lawmakers have urged the Eighth US Circuit Court of Appeals in St Louis to vacate the SEC’s climate disclosure rules.

The group, which …

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climate rules

SEC climate disclosure rules face more legal action

April 3rd, 2024


The Securities and Exchange Commission (SEC) will face further legal action over its climate disclosure rule.

Liberty Energy and Nomad Proppant Services filed a lawsuit to block the new …

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SEC Security Exchange Committee

US Court pauses SEC climate disclosure rules

March 20th, 2024


The Fifth Circuit US Court of Appeals has granted an administrative stay to temporarily halt the climate disclosures rules released by the Securities and Exchange Commission (SEC).

The ruling comes …

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Sustainable Stewardship Greenwashing

SEC adopts final rules on climate disclosures with no Scope 3 requirement

March 7th, 2024


The Securities and Exchange Commission (SEC) has finalised its climate disclosure rules after more than a year wrestling over the requirements.

The final rules will …

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Fed claims climate risks

Proxy voting services will not fall under SEC jurisdiction

February 29th, 2024


A federal court has ruled in favour of a challenge to the Securities and Exchange Commission’s (SEC’s) rule classifying proxy voting research services as a “solicitation”.

The court …

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