UK gov repeals Green Taxonomy technical deadline

December 22, 2022


The UK government will not make any secondary legislation under the Taxonomy Regulations, with policymakers set to revoke their legal obligation to seal the climate segment of the upcoming rules …

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Sustainable Stewardship Greenwashing

Companies’ disclosures remain inconsistent with TCFD standards 

December 15th, 2022


Companies are failing to comply with the standards of the Taskforce on Climate-related Financial Disclosures (TCFD), the UK’s regulatory watchdog has found. 

The latest review by the Financial Conduct Authority …

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ESG

UK govt launches ESG ratings consultation

December 14, 2022

ESG rating providers may soon be brought within the regulatory remit of the Financial Conduct Authority (FCA) by the UK government in the first quarter of 2023.

A consultation on regulating …

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GRI issues Biodiversity Standard update and consultation

December 9th, 2022


The Global Reporting Initiative (GRI) has published its latest Biodiversity Standard, targeting companies to disclose their most pressing biodiversity impacts to boost the clarity of data.

The GRI has launched …

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ESG Debate

Anti-ESG backlash intensifies as Florida divests

December 8th, 2022


A holding $2bn in size is being divested from BlackRock by Florida, in the latest development of Republican US states shunning environmental, social, and governance-focused investment. 

The divestment includes $1.43bn worth …

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legal action

Anti-SLAPP action proposed by UK government


December 6th, 2022

Legislative reforms to tackle the increased use of strategic litigation against public participation (SLAPP) cases against journalists and watchdogs have been proposed by the UK government.

The new legislation will prevent …

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DoL, Department of Labor

DOL final rule allows fiduciaries to consider ESG factors 


November 23, 2022

The US Department of Labor (DOL) has issued a final rule to replace controversial regulation regarding inclusion of ESG investments in pension plans. 

The Prudence and Loyalty …

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ESMA pulls back from ESG legislation for rating agency methodology

Europe’s biggest regulators launch greenwashing study 


November 22, 2022

A major greenwashing study has been launched by three of Europe’s most powerful financial regulatory bodies. 

The study is currently built around a call for evidence aimed at gathering information …

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ESGvolution, Environment, Nature, Nature-related

TNFD releases third iteration of beta framework


November 11, 2022

The Taskforce on Nature-related Financial Disclosures (TNFD) has released an ambitious third draft of its beta framework and is calling for greater transparency from companies.

After two iterations of the …

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Navigating the ESG & Stewardship maze?

ESG remains strong despite greenwashing concerns, AIC reports


November 11, 2022

Only one percent of investment specialists completely trust funds’ sustainability marketing claims while more than half suspect there is too much greenwashing, according to a trade body survey.…

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