Legislation and deals to protect the environment from climate change

Subpoena issued to US shareholder activist organisation 

November 7th, 2023


The US House Judiciary Committee has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.

As You Sow …

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COVID-19 brings social investment to the fore

ICGN supports public disclosure of remuneration policies 

November 2nd, 2023


The International Corporate Governance Network (ICGN) has backed calls by the Fair Reward Framework for companies to publicly disclose their executive remuneration policies.

In its response to the asset …

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TCFD Climate Disclosures

Only 4% of companies disclosing in line with full TCFD 

October 26th, 2023


Just 4% of companies are reporting in line with all 11 of the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations, according to its latest status report.…

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nature risks

A4S releases guide for managing nature risks 

October 25th, 2023


Accounting for Sustainability (A4S) has published its recommendations for pension fund chairs and trustees to handle nature-related risks and opportunities.

The organisation has released a guide with five top …

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ESG disclosure, Sustainability reporting

South Korea delays ESG disclosure rules 

October 24th, 2023


South Korea’s Financial Services Commission (FSC) will postpone implementing ESG disclosure rules following similar moves from other countries.

The regulator said it would delay the implementation until after 2026 after …

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biodiversity

FfB publishes guide on biodiversity 

October 19th, 2023


The Finance for Biodiversity Foundation (FfB) has released recommendations for financial institutions on managing biodiversity and the climate nexus, the interaction between biodiversity and climate change.

The Unlocking the biodiversity-climate nexus

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scope 3

California’s new disclosure rules could give cover to SEC 

October 13th, 2023


California’s governor has passed new legislation requiring corporations to disclose their scope 3 carbon emissions ahead of new disclosure rules from the Securities and Exchange Commission (SEC).…

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target and metrics benchmark

CA100 finds Australian companies not doing enough on short-term targets

October 12th, 2023


Climate Action 100+ said many heavy emitting Australian companies are not doing enough to meet short-term net zero targets despite steady progress in the making of commitments …

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transition plan

TPT publish UK gold standard Disclosure Framework 

October 11th, 2023


The UK’s Transition Plan Taskforce (TPT) has released its gold standard disclosure framework for financial institutions, which will support best practice transition plans.

The framework outlines the five key …

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climate investment

NZAOA calls on policymakers to unlock $275trn in climate opportunities

September 6th, 2023


The Net-Zero Asset Owner Alliance (NZAOA) has urged policymakers to overcome political barriers and open up $275 trillion in climate investment opportunities.

The group published a new …

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