Archive

ISSB tie-up with TPT sees it join crowded field of transition planning guidance

The International Sustainability Standards Board (ISSB) will provide guidance on climate transition planning following an agreement to "assume responsibility for" the UK Transition Plan Taskforce (TPT)'s disclosure-specific materials.

People Moves, 21 June: GEF, TNFD, GRI, S&P Trucost, UBS ... and more

Swiss financial institutions agree to audit sustainability practices to stave off regulator

Swiss banks, insurers and asset managers have agreed to 'self-regulation' that includes the independent audit of implementation of the sustainability approaches they claim to make, in a bid to stave off regulation by the state.

EU regulators pitch SFDR 'sustainability scale' and 'transition' category

EU regulators have suggested creating a category for 'transition investment' and a scale by which the relative sustainability of investments can be judged in an opinion on the review of the EU Sustainable Finance Disclosure Regulation.

EU countries agree weakened text for green claims directive

EU countries have agreed a text for the proposed Green Claims Directive which contains weaker language on the use of carbon credits than that agreed by the European Parliament.

Market not recognising timberland's full sustainability benefits

Current investment approaches to timberland fail to adequately recognise the main sustainability benefits of the asset class and are hindering scalability, investors warned.

ISS ESG launches tool for managing modern slavery risk

Active Super made 'misleading ESG claims', Australian court finds

Regulating transition plans

A patchwork of regulations will soon ask financial institutions to publish and implement climate transition plans, Michael Hurley reports

ISSB discussing alignment issues with Australia, Faber says as he warns of extra cost

"There will be a cost" for companies and investors in jurisdictions that claim alignment with, but diverge substantially from, International Sustainability Standards Board (ISSB) standards, the chair of the board warned.