Companies face failure to comply with EU deforestation law, Ceres says
Few of the world's biggest companies are taking "ambitious action" on deforestation, and run the risk of failing to comply with incoming legislation, Ceres has said.
ASCOR to assess countries based on contribution to $100bn climate finance goal
A first-of-its-kind free tool to help bond investors assess countries' climate progress has been launched that will see investors rate sovereigns on factors including their contribution to the problem and the finance they commit to address it, following changes to its draft methodology.
Californian governor to sign landmark climate disclosure bills into law
The Californian state governor has confirmed he plans to sign landmark climate disclosure rules into law after they secured final approval from state assembly members last week.
Major investor groups identify what 'good' climate policy looks like
Prepare to report on climate - even companies in the US
Despite the politicization of ESG, US companies will not be exempt from the global momentum towards mandatory disclosure, write Jake Rascoff and Randi Mail
'More crosses than checks' for insurers in analysis of regulatory disclosures
US insurers fall short in measuring climate risks and setting targets to mitigate these, with "more crosses than check marks" given to insurers in an analysis of disclosures to US regulators.
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.
IIGCC to step up pressure on banks to demonstrate action on net zero
A group representing investors with €65 trillion ($70 trillion) in assets under management has published a set of expectations for banks, as they push for more details on how banks will act on pledges to achieve net zero emissions.
SEC climate disclosure law 'to be delayed to H2'
The US Securities and Exchange Commission's (SEC) planned climate disclosure rules are likely to be delayed to the second half of 2023, an Environmental Finance conference heard.