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ESG ratings 'disincentivise' climate solution providers, Veolia CEO argues

ESG ratings disincentivise companies that provide solutions to help other companies decarbonise, the CEO of Veolia has argued.

Commission makes concession following criticism of ESRS materiality opt-out

Companies that say climate-related matters are not 'material' to them will be required to provide European regulators with a "detailed explanation" why, under revisions to the European Sustainability Reporting Standards.

ESG Data Guide 2023 launched

Environmental Finance has launched its latest annual ESG Data Guide, shining a light on the rapid evolution of the ESG data market.

TPI management scores 'reliable sign of decarbonisation', says FTSE Russell

ISSB to bring 'substantial costs' to companies, but could lower cost of capital

Applying the standards proposed by the International Sustainability Standards Board (ISSB) could bring "substantial" costs to preparers of the information, but also potential benefits such as a lower cost of capital.

'New era' for sustainability reporting as IFRS unveils standards

Standards that can provide a "common language" for sustainability-related disclosures have been published, "ushering in a new era" for companies and investors globally, according to the International Financial Reporting Standards (IFRS) Foundation.

Resolve 'worrying' inconsistencies in EU reporting regimes, says PGGM

The EU must resolve "inconsistencies" between its reporting requirements for corporates and financial institutions, according to a senior executive at PGGM.

Aegon defends ESRS materiality assessments

Aegon has defended the proposed introduction of a requirement for companies to assess for themselves which sustainability-related information they must disclose under EU rules.

EU draft disclosure rules risk undermining SFDR, investor group warns

An investor group has criticised the perceived weakening of draft European Sustainability Reporting Standards (ESRS) published by the European Commission, which the group warned would undermine investors' ability to meet their own reporting obligations.

CA100+ second phase targets greater transparency following criticism

The landmark Climate Action 100+ (CA100+) initiative to pressure high-emitting companies to take climate action has announced a spate of reforms targeted at increasing transparency and driving more tangible outcomes.