ESG

FCA delays extending SDR to portfolio management

UKSIF presents alternative to 'watered-down' UK Stewardship Code

Investors have been asked to support linking investment stewardship to the creation of 'long-term sustainable value' in the UK Stewardship Code, in an alternative definition to 'watered-down' proposals by the Financial Reporting Council (FRC).

We got things wrong on EU taxonomy - but it's been a huge success, says CBI's Kidney

The creators of the EU's sustainability taxonomy "got things wrong", including not ensuring sufficient input from financial institutions and making it too complex, one of its architects has said.

Wildfires and floods will make parts of US off-limits to insurance, says Fed's Powell

US commerce secretary nominee vows to stave off CSDDD 'burden'

US bank regulator quits NGFS

Biotech and pharma sector lack transparency, EthiFinance study finds

SFDR revision delayed until year-end

Make CSRD materiality assessments sector-specific, say German government advisers

EU Omnibus: Commission says it will not run impact assessment

The European Commission will not run an impact assessment of an expected overhaul of EU sustainability regulations, despite calls from NGOs and investor groups urging it to run a detailed public consultation and impact assessment.

EU Omnibus can simplify rules and boost sustainability, says Insurance Europe

Insurance Europe has emphasised its support for the European Commission's efforts to simplify sustainability regulations and enhance competitiveness through its first 'Omnibus' package.

Acting SEC chair signals agency won't defend 'deeply flawed' climate disclosure rule

The acting chair of the Securities and Exchange Commission (SEC) has indicated the agency's new administration will not defend its own climate disclosure rule.

Investors need to engage US policymakers to ensure ESG not prohibited, says ex-SEC director

There is heightened need for investors to engage with US policymakers to ensure they do not prohibit consideration of material ESG factors in investments, a former policy director at the US Securities and Exchange Commission (SEC) has urged.

ERAFP and FRR to develop 'method to measure the effectiveness of engagement'

A group of major French asset owners has co-led the creation of a group to devise a way to measure the effectiveness of investor engagement with corporates and their asset managers on issues including climate change.