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ISO developing standard for financial institution transition plans

'Historic day' as EU CSDDD approved

Rules to require large companies active in the EU to report on the sustainability of their supply chains and make best efforts to implement a climate transition plan have been approved, in what was labelled an "historic day".

Taxonomy users told to get creative to maximise its transition planning potential

The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.

FCA confirms start date for anti-greenwashing rule

Financial services companies in the UK will be bound by anti-greenwashing rules from June, the Financial Conduct Authority (FCA) confirmed as it issued further guidance.

AUD80trn investors back 'essential' Australian climate reporting bill

Moody's promotes Ghosh to global role

Moody's Ratings has named Rahul Ghosh as global head of sustainable finance.

BoE suggests ways financial institutions can build on climate scenarios

Financial institutions can improve the relevance of results from climate scenario modelling by 'extending' them to incorporate data from sources such as building Energy Performance Certificates (EPC) ratings, according to research published by the Bank of England.

The UK's SDR has overlooked 'ethical' funds

The UK's Sustainability Disclosure Requirements (SDR) should create an additional label for 'ethical' funds, an asset manager has argued.

EFRAG proposes reducing 'circular economy' ESRS datapoints

The European Financial Reporting Advisory Group (EFRAG) has revealed it will vote this week on proposals to reduce the number of individual datapoints companies will disclose against under the Corporate Sustainability Reporting Directive (CSRD).

US lawmakers approve bill seeking to block SEC climate rule