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Ditch SFDR definition of sustainable investments, replace Articles 8 & 9, ESMA suggests
25 July 2024The 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.
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India plans climate finance taxonomy
24 July 2024India's Ministry of Finance has announced funding to create a taxonomy to attract climate finance, spanning adaptation and mitigation activities.
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Public sector disclosure standards will help national transition planning, says IPSASB chair
08 July 2024Public 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.
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Missing data no excuse for not fulfilling CSRD reporting, ESMA warns
08 July 2024 -
ISSB tie-up with TPT sees it join crowded field of transition planning guidance
24 June 2024The 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.
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EU regulators pitch SFDR 'sustainability scale' and 'transition' category
18 June 2024EU 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.
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Active Super made 'misleading ESG claims', Australian court finds
11 June 2024 -
European regulators make recommendations in greenwashing reports
04 June 2024The 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.
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Management-level oversight required for use of AI to sort sustainability data, ESMA says
31 May 2024 -
ISSB discussing alignment issues with Australia, Faber says as he warns of extra cost
28 May 2024"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.