Data and assurance among FSB recommendations to regulators
The Financial Stability Board (FSB) has published recommendations to help regulators better mitigate climate-related risks and create more consistent approaches, covering areas including data and external assurance of disclosures and governance.
TCFD to take stock before ISSB implementation
The TCFD has said it will take stock of disclosures before the ISSB disclosure frameworks are integrated globally
Comment: The UK's sustainable finance rules: A job half done
The new UK government needs to finish the job started by its predecessors, and belatedly finalise its sustainable finance policies, writes Peter Cripps
Pushback on ESG is a 'denial of capitalism'
The recent pushbacks on ESG in the US have had an impact on financial market participants and whilst it would be "lovely to ignore it, we have to take it seriously", according to Ivan Frishberg, chief sustainability officer at Amalgamated Bank.
PRI urges more 'robust' asset owner TCFD implementation
Asset owners need to take 'next steps' on TCFD - particularly on scenario analysis, the PRI tells Genevieve Redgrave
ISSB set to go further than TCFD, vice-chair says
The International Sustainability Standards Board (ISSB) is looking to create more comprehensive standards on disclosures than those set by the Taskforce on Climate-related Financial Disclosures (TCFD), the ISSB's vice-chair has said.
Singapore low-carbon index launched
Singapore Exchange (SGX) and Oversea-Chinese Banking Corporation (OCBC) have launched a low carbon index tracking Singapore's largest companies, which they called the "first of its kind".
Japanese TCFD supporters labour to disclose climate resilience
Two-thirds of Japanese supporters of the Task Force on Climate-related Financial Disclosures (TCFD) have yet to provide climate scenario-based analysis of their resilience, showing the size of the challenge of meeting the recommendations in a country regarded as a TCFD pioneer.
TCFD plans to recommend 'forward-looking' disclosures
The Task Force on Climate-related Financial Disclosures (TCFD) secretariat plans to update its guidance to recommend signatories provide "forward-looking" information related to climate risks and opportunities over short-, medium-, and long-term time horizons.
Forward-looking metrics need improved methodologies, says TCFD consultation
Results from a Task Force on Climate-related Financial Disclosures (TCFD) consultation have underlined the challenges facing forward-looking metrics - yet most respondents believe they could yet be useful if their methodologies are improved.