Archive

UK to update nature markets strategy

The UK government is set to release an updated version of its nature markets framework this week to improve consistency of nature projects, while also looking to expand collaboration with the financial sector.

UK pensions taskforce tells regulators to consider requiring disclosures on social aspects

Key vote on CSDDD delayed again

A key vote for EU countries to approve the Corporate Sustainability Due Diligence Directive (CSDDD) has been delayed again, with Italy and Austria said to be among those to have raised concerns at the latest text.

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.

Belgium pitches pared-back CSDDD in bid to secure EU countries' approval

Belgium has pitched a pared-back version of the Corporate Sustainability Due Diligence Directive (CSDDD) in a last-ditch bid to gain approval of other EU countries.

UK needs to give clarity on its CBAM strategy, EcoAct says

The UK risks falling further behind international peers if it does not provide details of how its proposed Carbon Border Adjustment Mechanism (CBAM) and Emissions Trading Scheme (ETS) will work in tandem, it has been warned.

Australian disclosure standards' divergence from ISSB risks fragmentation, NBIM says

The divergence of proposed Australian climate disclosure standards from International Sustainability Standards Board (ISSB) standards risks undermining comparability of sustainability reports, according to Norges Bank Investment Management (NBIM).

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.

EU due diligence rules 'back to square one' as countries reject text

The EU's Corporate Sustainability Due Diligence Directive (CSDDD) is in peril after EU member states voted down the latest text, forcing it back to the European Parliament just three months before the end of its mandate.

European Parliament passes 'world first' nature restoration law

Investors have welcomed the European Parliament passing the "world first" Nature Restoration Law, calling it a "watershed" moment for a nature-positive economy.