Archive

New Zealand businesses told to avoid obscuring material information by regulator

Financial institutions and corporates in New Zealand have been told to improve reporting in several areas, including to "avoid obscuring material information" by providing reports that are too long or too short, in a review of disclosures by the Financial Markets Authority .

One-year delay to Deforestation Regulation agreed by EU Council, Parliament

The EU Deforestation Regulation will apply one year later than initially proposed, after agreement by the European Council and Parliament staved off proposals from right-wing politicians to water down the rules.

Will Trump2.0 quietly supercharge America's clean energy revolution?

Trump might achieve a durable, America-centred energy strategy that leverages economic imperatives and national security concerns to advance clean energy goals, writes Rahul Bhushan

Industry backs UK taxonomy in government study, despite vast cost of EU rules

Financial institutions and corporates have recommended the UK adopt a sustainability taxonomy like the EU's, despite laying out the vast cost associated with meeting the rules in the EU, in a study commissioned by the UK government.

Two more investors adopt SDR labelling ahead of FCA deadline

A pair of investors have adopted labelling under the Financial Conduct Authority's Sustainable Disclosure Requirements (SDR), ahead of yesterday's deadline.

Japan targets SLL market integrity concerns in latest sustainable finance updates

The Japanese government has updated its green and sustainability-linked bond and loan guidance to better reflect the updated international market principles and try and address two "major concerns" around the sustainability-linked loan (SLL) market in the country.

US braced for stifling impact of Trump presidency on bank climate regulation

Climate-related regulation of US banks is set to stagnate "at best" and faces the prospect of anti-ESG rulemaking at federal level, according to a prominent former regulator.

UN plastic treaty negotiations end without agreement

Negotiations on an international plastic treaty have been suspended without agreement, as dividing lines deepen on plastic production and finance.

Aviva fined by Luxembourg regulator over ESG failures

Aviva Investors Luxembourg has been fined €56,500 ($59,500) for failure to comply with disclosure laws in the country including not meeting its own sustainability-related exclusions policy, according to the Commission de Surveillance du Secteur Financier (CSSF).

EU banks' corporate loans have implied temperature rise of about 4°C, says EBA study