Archive

SEC stumbles into battleground of climate materiality

Letting companies decide whether emissions are material to their business opens the door for disputes, writes Michael Hurley

Republican states sue SEC to block climate rule

SEC adopts watered down climate rule in landmark moment

The US Securities and Exchange Commission (SEC) has approved a landmark rule on climate-related disclosures, although it watered down elements of it, including no longer requiring disclosures on Scope 3 greenhouse gas (GHG) emissions.

SEC poised to unveil hotly anticipated climate rule

The US Securities and Exchange Commission (SEC) is to unveil its hotly anticipated climate rule next week, when commissioners will vote on adoption of the file.

SEC dropping Scope 3 disclosure requirement will not prevent legal action, lawyer warns

The US Securities and Exchange Commission (SEC)'s reported plan to drop a requirement that would require publicly listed companies to disclose value chain emissions will not protect the government agency from legal action, a lawyer has said.

Bond round-up: Japan, Verizon, MuniFin ... and more

Performance in Covid period shows resilience of ESG investing, ESMA research says

ESG-themed listed equities funds tended to have better financial performance and higher inflows than their peers at the height of Covid-19 - indicating the resilience of the investment style in periods of extreme financial stress, according to research by a regulator.

'Reasonable' greenium for landmark Japan transition bond

Japan's ground-breaking climate transition bond (CTB) secured a "reasonable" greenium, and it is preparing to return to the market at the end of March with a two-year bond to complement the existing five-year deal.

People moves, 9 February: TPG Rise, AXA, Abrdn, Cbus, Pollination and ... more

Regulating ESG ratings: Mission impossible?

As regulators around the world seek to define good practice for ESG raters, they are discovering the complexities of doing so, writes Michael Hurley