TCFD 'implementation gaps' mar PRI reporting
Investment managers need to more robustly implement the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), the Principles for Responsible Investment (PRI) has said.
Swiss government mandates corporate climate disclosures
TCFD adoption by exchanges surges
The adoption by global exchanges of Task Force on Climate-related Financial Disclosures (TCFD) recommendations jumped in 2022, according to a survey by the World Federation of Exchanges (WFE).
FSB chair hints at end of TCFD with 'handover' to ISSB
The chair of the body that created the Task Force on Climate-related Financial Disclosures (TCFD) has hinted that the foundational disclosure initiative may be coming to an end.
FSB identifies global sustainability assurance standards among priorities
The Financial Stability Board (FSB) has identified the development of globally applicable sustainability assurance standards among key areas of work to promote sustainable finance.
Mandate private market disclosures, says LSEG
Policymakers globally should introduce mandatory sustainability disclosure regimes that cover private markets as much as public markets, London Stock Exchange Group (LSEG) has urged.
PRI criticise ISSB disclosure materiality proposals
The UN Principle for Responsible Investment (PRI) has urged the International Sustainability Standards Board (ISSB) to tighten its approach to materiality assessments in its sustainability-related financial disclosure standard, including requiring issuers to explain why data is omitted and include their supply chains in assessments.
UK regulator extends climate and transition reporting rules
FCA has extended coverage of its climate-related disclosure rules for listed companies and added requirements around transition plans for those firms as well as asset managers and life insurers.