Archive

SEC climate rule built to survive legal challenges, says former counsel

The US Securities and Exchange Commission (SEC)'s final climate rule was built to withstand legal challenges that seek to block it, and stands a good chance of doing so, according to a former senior counsel at the agency.

Financial accounting of net-zero commitments? Not yet, IASB says

A decision on whether net-zero commitments should be recognised under IAS 37 lays bare an expectation gap between backward-looking financial accounting and forward-looking sustainability perspectives. Vincent Huck reports

EU looks to UK, US policies, with no clear way forward for SFDR

The European Commission is monitoring developments such as anti-greenwashing rules and sustainability labelling schemes in the US and UK as it mulls how it can improve the Sustainable Finance Disclosure Regulation (SFDR).

Taxonomy users told to get creative to maximise its transition planning potential

The EU taxonomy of sustainable activities can help formulate climate transition plans in ways it is currently not being widely used, according to members of a European Commission-mandated expert group.

ISSB to work on biodiversity disclosures

The International Sustainability Standards Board (ISSB) will launch a research programme on biodiversity disclosures, with a view to potentially working on a standard.

US lawmakers approve bill seeking to block SEC climate rule

IOSCO to study risks from new green financial products

EU should create 'sustainability-linked green bond' label, says IEEFA

The European Commission could consider rules for combining sustainability-linked bond (SLB) structures with its "breakthrough" impact disclosures under its green bond standard, as an initial step towards regulating SLBs, according to a think tank.

Sustainability reporting software provider Celsia acquired by ISS-Corporate

European Parliament approves 'world first' carbon removal certificate

The European Parliament has formally approved a certification framework for carbon removal projects, but carbon market participants have warned this does not go far enough.