Archive

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.

UBS: EU's Corporate Sustainability Due Diligence Directive is complex and challenging

The EU's proposed Corporate Sustainability Due Diligence Directive will be "very complicated" for companies to comply with, UBS has warned.

Railpen welcomes proposed tightening of UK Corporate Governance Code

Pension fund Railpen has welcomed potential changes to the UK Corporate Governance Code to bolster the role of sustainability and ESG reporting in the responsibilities of company board and audit committees.

European Commission to widen scope of materiality assessment in first set of ESRS

The European Commission is set to release delegated acts with key amendments to EFRAG's proposed sustainability reporting standards which some have branded a 'victory for lobbyists'.

EF Sustainable Company Awards 2023 open for entries

Environmental Finance's Sustainable Company Awards 2023 are now open to entries.

SASB update to follow ISSB consultation on work agenda

Financial institutions in scope of EU due diligence rules after vote

Financial institutions would be required to disclose climate transition plans and conduct due diligence to ensure they do not contribute to negative impacts across their value chain, under new rules agreed by an influential EU Parliamentary committee.

IAASB brings forward sustainability assurance consultation

The International Auditing and Assurance Standards Board (IAASB) has brought forward the planned date for consultation on an international standard for assurance of sustainability-related information, citing public feedback which urged it to do so.

LGIM pushes ExxonMobil to disclose energy transition impact information