Archive

About 2,700 companies subject to California climate risk rule, Ceres estimates

Almost 2,700 companies are set to be subject to California rules that require them to say how climate change poses risks to their global operations, in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), Ceres has estimated.

UK's sustainability rules no barrier to investment in defence, FCA says

The UK's Financial Conduct Authority (FCA) has said its sustainability rules do not prevent investment in, or finance of, defence companies - days after a group of politicians urged changes to remove "unnecessary barriers" linked to financial institutions' ESG policies.

EU Platform identifies core elements of a transition plan

Analysis of EU companies' transition plans "lays the foundation for minimum requirements" for credible plans, according to independent advisors to the European Commission.

Omnibus debate exposes divisions in European Parliament

EU warned against undermining taxonomy as advisers unveil transition monitoring tool

The EU has been warned it could undermine its sustainability taxonomy if it follows through with plans to significantly reduce the scope of reporting requirements, in a report by independent expert advisers.

French regulator says it will use AI to assess SFDR reporting - but not taxonomy reports

Carney says carbon tax will be cut as he assumes top office in Canada

Mark Carney has said he "will immediately eliminate the divisive consumer carbon tax on families, farmers, and small- and medium-sized businesses" as he won leadership of Canada's ruling Liberal Party.

US withdraws from JETPs in Indonesia, South Africa and Vietnam

The US has withdrawn from Just Energy Transition Partnerships (JETPs) in South Africa, Indonesia and Vietnam, leaving the blended finance initiatives facing large holes in their finances and with questions surrounding the future of JETPs.

Remove ESG barriers to defence investment by classing it 'ethical', UK lawmakers say

Which of the UK's SDR labels is proving most popular?

There are four labels under the UK's Sustainability Disclosures Requirements - but which are investors flocking to and which are they shunning? Jennifer Forrest investigates