-
FoSDA appoints former CFA UK CEO as first exec director
20 March 2025The Future of Sustainable Data Alliance (FoSDA) has appointed former CFA UK chief executive Will Goodhart as its first executive director.
-
Omnibus bolsters case for requiring double materiality in EU ESG ratings, investor says
19 March 2025The case for changing the EU ESG ratings regulation to require ratings to use a 'double materiality' assessment was strengthened by proposed cuts to corporate sustainability reporting rules, according to Algebris Investments.
-
CSRD guidance for real estate being readied to help in absence of sector-specific standards
18 March 2025The real estate sector is devising its own guidance on the most relevant datapoints to disclose under EU rules, as the bloc proposes to abandon work to develop sector-specific standards.
-
Omnibus CSRD cuts threaten investor access to sustainability data, Dutch regulator says
18 March 2025The Dutch financial markets supervisor has urged companies to continue reporting sustainability information in line with the current version of the EU Corporate Sustainability Reporting Directive (CSRD), as it warned that EU proposals to change the CSRD threatened investor access to data.
-
'About half' of companies in scope of imperilled SEC rule may have to disclose anyway - Ceres
17 March 2025The combination of climate disclosure rules in California and the EU, and other national rules with extraterritorial reach, are set to capture about half of the companies that would have been in scope of the imperilled Securities and Exchange Commission (SEC) rule, Ceres has estimated.
-
EFRAG mulls pivot from financial institution standards to guidance after Omnibus
13 March 2025The European Financial Reporting Advisory Group (EFRAG) is preparing to decide how it can help financial institutions report in line with the Corporate Sustainability Reporting Directive (CSRD) after the EU's Omnibus package withdrew the prospect of sector-specific standards.
-
EIOPA says Omnibus means it needs to delay insurers' sustainability risk standards
13 March 2025The EU's insurance supervisor has asked for a delay to its work on standards for insurers' sustainability risk disclosures, arguing that the proposed Omnibus package creates uncertainty that makes its work harder.
-
About 2,700 companies subject to California climate risk rule, Ceres estimates
12 March 2025Almost 2,700 companies are set to be subject to California rules that require them to say how climate change poses risks to their global operations, in alignment with the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD), Ceres has estimated.
-
EU Platform identifies core elements of a transition plan
11 March 2025Analysis of EU companies' transition plans "lays the foundation for minimum requirements" for credible plans, according to independent advisors to the European Commission.
-
Glass Lewis to acquire Swedish data platform Esgaia
11 March 2025Corporate governance and proxy voting specialist Glass Lewis will acquire Stockholm-based stewardship and engagement platform Esgaia for an undisclosed sum.