Archive

Transition plan guidance published for EU disclosure rules

Draft guidance has been published to help organisations preparing to report in line with EU disclosure regulations create climate mitigation transition plans.

Gaps remain despite progress on PAI reporting, as regulators told to step up scrutiny

Gaps remain in financial institutions' reporting of the 'principal adverse impacts' (PAIs) of investments, and despite gradual improvements in some areas EU regulators were told to "increasingly challenge" investors on their reporting.

EU 'discussing criteria' for sustainable, transition categories to replace SFDR Articles 8 and 9

Discussions within the European Commission are "advanced" on eligibility criteria for 'sustainable' and 'transition' categories that would replace Articles 8 and 9 of the Sustainable Finance Disclosure Regulation (SFDR), according to a source claiming knowledge of the talks.

WisdomTree to pay $4m SEC fine for 'failing to adhere to' its own ESG criteria

WisdomTree has agreed to pay a $4 million fine after the Securities and Exchange Commission (SEC) found it had "misstated" that funds did not invest in companies involved in fossil fuels and tobacco.

Recognising sustainability as a risk biggest challenge for ISSB standards

Convincing businesses of the sustainability risks is one of the biggest challenges for implementing ISSB standards, attendees at the Environmental Finance Sustainability Data EMEA 2024 conference heard.

SIFEM invests $10m in Uzbekistan bank for transition lending

Canadian regulator 'mindful' of reporting burden as it prepares for CSSB standards

Ontario Securities Commission (OSC) is "mindful of the regulatory burden" for its legion of smaller companies as it considers revising its climate disclosure rules.

Hong Kong publishes ESG ratings and data code of conduct

Hong Kong has followed jurisdictions including Japan and the UK in publishing a code of conduct for ESG ratings and data, covering aspects such as transparency of methodologies and avoiding potential conflicts of interest.

EU bows to pressure to delay Deforestation Regulation

The European Commission has recommended a one-year delay of the implementation of the EU Deforestation Regulation (EUDR) as it bowed to complaints from countries and industrial groups arguing it would impose unworkable demands on them.

ESG Ratings, Green Bond regulations and greenwashing among ESMA priorities

The European Securities and Markets Authority (ESMA) has identified the EU Green Bonds and ESG Ratings regulations, as well as preparatory work for a database including sustainability-related information, among its priorities for 2025.