Sustainable Finance Definition written within the EU Taxonomy

Stakeholder group flags issues with EU Taxonomy

January 27, 2023


The European Securities and Markets Authority (ESMA) has been urged to clarify the label and scope of Article 8 and Article 9 products.

In a letter, the Securities and …

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Divestment Sign

GFANZ criticisms raise fossil fuel divestment debate

January 25, 2023


Concerns over greenwashing, and the current reality of fossil fuel investment and divestment, have been raised again in an analysis of the Glasgow Financial Alliance for Net Zero (GFANZ) by …

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Investors back EU plan for human rights due diligence rules

European trade groups propose amendments to CS3D 

January 24, 2023


Several major European trade bodies have joined forces to urge the European Parliament and Council to amend the due diligence framework.  

Twenty-seven European trade organisations have proposed recommendations to enhance …

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Human Rights, United Nations

UNGC finds CEOs off track for 2030 goals

January 10, 2023


CEOs must accelerate their work in sustainability in order to achieve the Sustainable Development Goals (SDGs) by 2030, according to new research by the United Nations.  

The UN Global

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securities

Global PSSL announces new Strategic Advisor


January 20, 2023

This week, the Global Principles for Sustainable Securities Lending (Global PSSL) has announced the appointment of a new Strategic Advisor to their College of Advisors.

Global PSSL is a not-for-profit, …

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net zero

Major UK FS bill lacks net-zero provisions 


January 19, 2023

The UK’s House of Lords has urged the Financial Services and Markets Bill must be amended to facilitate the transition to a net-zero economy. 

During the bill’s second reading at …

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IFRS builds global reach with office in China

January 11, 2022


The IFRS Foundation Trustees is expanding its global presence by establishing an office in China.

On 29 December an agreement was signed with China’s Ministry of Finance (MOF) to …

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IFRS ISSB Logo

ISSB disclosure rule update expected in 2023


January 6, 2022

The International Sustainability Standards Board (ISSB) is to propose two new rules covering companies’ disclosures of climate-related risks and expands its focus to include corporate biodiversity reporting.

The pairing will …

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Kentucky threatens divestment from 11 companies in anti-ESG move


January 5, 2023

Republican states continue to shun ESG investments as 11 major financial companies face potential divestment from Kentucky.

Kentucky State Treasurer Allison Ball has threatened to divest in companies …

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Biodiversity COP15 Website

COP15 biodiversity framework: what’s next?


January 04, 2023

Nearly 200 governments have entered into a landmark biodiversity agreement, but critics have argued this already requires reform.

One hundred and eighty-eight governments have signed the Kunming-Montreal Global Biodiversity Framework (GBF), which …

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