ISSB 'profiles' degree of alignment of national standards with its own

About 80% of jurisdictions that have said they will use the International Sustainability Standards Board (ISSB) standards plan "full adoption", according to analysis the board said illustrates "the high degree of alignment" with its work.

Clean Industrial Deal's transformative potential overshadowed by Omnibus, says Schroders

The transformative potential of the EU's Clean Industrial Deal (CID) has been overlooked in public discourse, in part because of the emotive debate about the Omnibus regulatory simplification package, according to Schroders' head of public policy for Europe.

Deutsche Bank: Reporting hundreds of KPIs under CSRD a 'waste of time'

From Peter Cripps in Hamburg

ISSB's proposals would limit accountability in financial industry, PCAF says

Proposals to allow entities to omit finance-related emissions from their reporting would "lead to limited accountability for the climate impact of financial transactions,"...

Investors need climate data, says senator supporting NY climate risk disclosure bill

Institutional investors are among the most vociferous backers of US climate risk disclosures even if the country's federal government "seem[s] to be getting out of the climate business, and the climate data collection business," a New York state senator backing a proposed reporting bill has said.

STOXX, ICE launch EU-aligned climate bond indexes

Deutsche Börse-owned STOXX and Intercontinental Exchange (ICE) have launched a family of climate-optimised fixed income indexes which "exceed" the requirements of the EU climate benchmark regulation.

China should align climate impact reporting standards with EU's, NBIM says

Omitting finance-related emissions reporting will undermine comparability, ISSB told

Proposals to allow entities to omit finance-related emissions from their reporting could reduce the comparability of sustainability data, European standard setters told the International Sustainability Standards Board (ISSB).

UK FRC consults on sustainability assurance standard

Use Omnibus as opportunity to simplify SFDR, financial institutions tell EU

Allianz is among several financial groups to call for the EU to use its Omnibus process to 'streamline' the Sustainable Finance Disclosure Regulation (SFDR), including by removing some principal adverse impact (PAI) disclosures.

Vague explanations on negative impact remediation 'need to be tackled in SFDR overhaul'

Asset managers' vague explanations of how they remediate the negative impacts of their investments shows the EU needs to toughen its Sustainable Finance Disclosure Regulation (SFDR), including by mandating investor engagement, according to a study.

EU Council presidency suggests it will resist calls to further weaken CSRD, in leaked document

EFRAG seeks contractor to determine cost of simplifying CSRD

EU banking regulator consults on 'simplified' ESG risk reporting