'More rigorous' standards see biennial review register big drop in sustainable assets
A big drop in the total assets judged as 'sustainable' globally has been reported in the latest in a series of biennial reviews, with tightened criteria in response to a "rise in greenwashing and greenhushing".
Discussions over inclusion of financial sector in EU due diligence rules shunted to December
Financial institutions calling for the inclusion of the sector in EU due diligence rules will have to wait until next month to find out if they have been successful, when the next meeting of EU institutions is understood to be planned.
ISSB urged to address biodiversity and social issues
The International Sustainability Standards Board (ISSB) has been urged to set standards on biodiversity and human capital, as part of its next phase of work.
More than 90 investors demand removal of climate disclosure opt-out in CSRD
A group of 93 investors and other financial institutions has signed a letter urging the European Commission to remove a proposed opt-out in corporate disclosure rules for aspects including greenhouse gas (GHG) emissions.
EU draft disclosure rules risk undermining SFDR, investor group warns
An investor group has criticised the perceived weakening of draft European Sustainability Reporting Standards (ESRS) published by the European Commission, which the group warned would undermine investors' ability to meet their own reporting obligations.
How to make CSDD fit for purpose: The investor perspective
The EU must work to ensure coherence between due diligence rules and those for sustainability disclosures, write Emily Murrell, Elise Attal and Aleksandra Palinska