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Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests

The EU should ditch the 'sustainable investment' definition in its Sustainable Finance Disclosure Regulation (SFDR) and introduce a two-tier categorisation system that would effectively replace the current SFDR Articles 8 and 9, an EU regulator recommends.

India plans climate finance taxonomy

India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.

Public sector disclosure standards will help national transition planning, says IPSASB chair

Public sector climate-related disclosure standards analogous to those by the International Sustainability Standards Board (ISSB) are expected to help countries prepare transition plans, the chair of the body developing them says.

Missing data no excuse for not fulfilling CSRD reporting, ESMA warns

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.

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.

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

European regulators make recommendations in greenwashing reports

The EU's three principal financial services regulators have called for enhanced supervision and improved market practice on sustainability-related claims in new reports on greenwashing in the financial sector.

Management-level oversight required for use of AI to sort sustainability data, ESMA says

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.