Archive

EU plans bi-annual 'reality checks' of its simplification agenda

With AI, 'people will not spend time on reporting anymore'

An 'AI Sustainability Agent' has been launched with the aim of transforming the task of gathering data for sustainability reporting from one that takes tens of hours into minutes.

Omnibus regs: EFRAG chair backs CSRD mid-caps category, says cuts possible to narrative reporting

The chair of the EU's standard setting body has said it "is sympathetic to" creating a new category of 'intermediate'-sized companies if it helped achieve the EU's simplification agenda without undermining its goal of improving sustainability reporting.

Investment Association says UK taxonomy no longer needed

The Investment Association (IA) has told the UK to scrap its plans for a 'green taxonomy', telling the Government such a framework is unnecessary due to Sustainability Disclosure Requirements (SDR) and work on transition planning.

Closed-door consultation on EU omnibus feeds NGO fears of big cutbacks

A closed-door consultation by the European Commission of companies, business groups and NGOs fed concerns that major changes to EU sustainability regulations would include eradicating the 'double materiality' principle and transition plan disclosures, NGOs at the meeting said.

'SLBs can be the right tool for impact investing' urge investors

Sustainability-linked bonds (SLBs) have the potential to be valuable impact investing tools and regulations in Europe could be building the right "home" for the performance-based instrument,...

ClarityAI launches tool for fund managers to monitor fund name, label alignment

Judge dismisses challenges against California climate disclosure rules

EU sustainability rule cutback is chance to coalesce with 'global baseline' - IFRS chair

The EU's plans to reduce its sustainability reporting requirements present an opportunity to align more closely with the IFRS sustainability disclosure standards, according to the chair of the IFRS Foundation.

EU advisers present taxonomy overhaul to 'cut reporting burden by one-third'

The EU should allow companies and financial institutions to use estimates and data proxies more widely when reporting alignment with the EU Taxonomy, among measures to reduce reporting requirements of businesses by "more than one-third", according to advisers.