-
Concept of avoided emissions gains ground in Asia-Pacific
13 March 2024Corporates and financial institutions in the Asia-Pacific region are increasingly calculating the 'avoided emissions' associated with their products and services, a webinar hosted by Environmental Finance heard.
-
TNFD devising transition plan guidance as it casts eyes to COP16
12 March 2024The Task Force on Nature-related Financial Disclosures (TNFD) has begun to devise guidance on incorporating nature information in climate transition plans, to ensure it is coherent with similar work by the Glasgow Financial Alliance for Net Zero and the UK Transition Plan Taskforce.
-
SEC stumbles into battleground of climate materiality
12 March 2024Letting companies decide whether emissions are material to their business opens the door for disputes, writes Michael Hurley
-
UK pensions taskforce tells regulators to consider requiring disclosures on social aspects
08 March 2024 -
Key vote on CSDDD delayed again
08 March 2024A 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.
-
EU countries voice support for CSDDD compromise ahead of key vote
07 March 2024 -
Republican states sue SEC to block climate rule
07 March 2024 -
SEC adopts watered down climate rule in landmark moment
06 March 2024The 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.
-
UK needs to give clarity on its CBAM strategy, EcoAct says
06 March 2024The 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.
-
Net zero frameworks are 'missing' avoided emissions
06 March 2024A standardised accounting method for calculating 'avoided emissions' is necessary to support net zero transition plans, Natixis and Mirova tell Michael Hurley