CalSTRS votes against 2,035 boards for inadequate climate risk disclosures
August 18th, 2023
The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to …
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SEC and ASIC crack down on greenwashing
August 16th, 2023
The Australian and US national financial regulators are taking legal action against companies accused of greenwashing funds and misleading investors.
The Australian Securities and Investment Commission (ASIC) and the US …
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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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France proposes national corporate sustainability requirement
July 29th, 2023
The French national assembly has adopted a “Say on Climate” amendment to its Green Industry Bill, requiring all companies to establish climate and sustainability strategies.
The amendment requires the board …
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Investors Agenda overhauls ICAP Expectations Ladder
July 25th, 2023
Sustainability advocacy group Investors Agenda has updated its Investor Climate Action Plans (ICAP) Expectation Ladder, with new measures including deforestation actions.
The ladder is designed to provide a framework to …
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ICGN calls for further changes to European Sustainability Reporting Standards
July 8th, 2023
The International Corporate Governance Network (ICGN) has called on the European Sustainability Reporting Standards (ESRS) to provide more support for investors to help them meet disclosure requirements.…
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June 22, 2023
The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
The bodies are being established to …
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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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ESG rating providers face EU regulation
June 15th, 2023
The European Commission is introducing new rules for ESG rating providers as part of a package of regulations to extend its sustainable finance framework.
In a bid to standardise ESG ratings, …
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June 2, 2023
The Science Based Targets Network (SBTN) has issued the first science-based targets for how companies measure and quantify their environmental impacts.
The goal of the targets is to empower …
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