Archive

Brazil revokes mandatory sustainability reporting for listed companies

SEC cites EU, ISSB 'challenges' among reasons for revoking climate rules

The US Securities and Exchange Commission (SEC) cited "challenges faced by other climate-risk reporting regimes" including in the EU's among reasons for proposing to revoke in full its own rules.

EU banks call for cuts to ESG rules to 'level playing field' with US

Complex ESG-related EU banking rules impede financing for the energy transition and disadvantage domestic institutions relative to their US peers, European banks said as they called for cuts to regulation.

Iran conflict means more coal - but also ramping up of electrification, says Lord Turner

While the disruption of energy markets caused by the Iran conflict could result in a temporary return to coal in Asia, it could also ramp up the pace of renewables and electrification, according to the Energy Transitions Commission's Lord Adair Turner.

What does regulation mean for the future of ESG ratings?

The EU's ESG ratings regulation raises existential questions for some providers, Michael Hurley writes

International carbon credits can be used for CBAM compliance, draft rules say

Importers would be able to claim reductions to payments under the EU's Carbon Border Adjustment Mechanism (CBAM) based on purchases of domestic and international carbon credits, under draft rules published by the European Commission.

Asset managers exemption under CSRD sparks calls for clarification

A proposed exemption for asset managers from EU sustainability reporting rules has sparked calls for clarification, as an expert flagged potential inconsistencies given that banks and asset owners have not been given similar freedoms.

SEC asks US government to back rescinding climate disclosure rule

EU unveils near-final sustainability reporting standards

The EU has published revised European Sustainability Reporting Standards (ESRS) in a package it says would reduce the number of mandatory datapoints by about 60% compared with the current framework.

EU's simplified Deforestation Regulation could have 'catastrophic consequences'

The European Commission has published further details on the simplification of its anti-deforestation regulation, EUDR, but investors and stakeholders have criticised plans to remove leather from its scope.