Policy

  • Investors urge EU against delaying deforestation regulation

    13 November 2024

    Institutional investors have urged the European Parliament to reject a request to delay the EU Deforestation Regulation, saying it would unfairly "disadvantage countries and companies that have moved promptly to prepare for the new requirements".

  • COP29: MUFG backs Canada-led blended finance initiative

    13 November 2024

    Canada has launched a $1.5 billion blended finance 'platform' that aims to provide climate finance to climate projects in "up to" 25 emerging markets and developing economies, with backing from MUFG.

  • Climate disclosure 'stagnated' in anticipation of reporting rules, Australian regulator finds

    13 November 2024

    Australian financial institutions' disclosure of climate-related risks has "stagnated" compared to previous years, a trend which the regulator suggests was due to organisations waiting for more clarity on greenwashing and disclosure rules.

  • COP29: IIGCC welcomes UK's updated NDC

    12 November 2024

    The UK has announced it will target a reduction in greenhouse gas emissions of at least 81% by 2035, compared to 1990 levels, in a move an investor group said showed the UK could lead the world in attracting private climate finance.

  • 'High degree of commonality' between CDP reporting and ESRS standards

    12 November 2024
  • AIGCC to launch 'just transition-focused' working group for emerging markets

    12 November 2024
  • London borough could increase BNG requirements

    12 November 2024

    The London Borough of Harrow is consulting on an increase Biodiversity Net Gain requirements above the statutory 10% required for most new developments in England.

  • IFRS flags concern at lack of company reporting on expected impacts of climate change

    12 November 2024

    A review of company reporting has found little progress on company reporting in areas including the impacts of climate change on their businesses, strategies and financial planning, raising concern that investors are being starved of information they need.

  • GFANZ backs call for regulators to define coal phaseout as transition finance

    12 November 2024

    Governments and regulators could help investors by 'clarifying' that finance provided to accelerate the phaseout of coal plants counts as transition finance, according to the first report by the Coal Transition Commission (CTC) published at COP29.

  • UK's FRC downgrades 'environment and society' in updated definition of stewardship

    11 November 2024

    The UK Financial Reporting Council (FRC) has downgraded the words 'environment and society' in a redefinition of stewardship under proposed updates to the country's Stewardship Code.

  • 'Vital' LMA green loan drafting guidance to support market credibility

    11 November 2024

    The Loan Market Association (LMA) has published drafting guidance for green loan transactions to encourage greater consistency and support a "more active and robust" market in the future.

  • Chinese stock exchanges publish sustainability disclosure guidelines

    08 November 2024
  • Invesco to pay SEC fine for charge that it overstated ESG assets under management

    08 November 2024

    Invesco has agreed to pay a $17.5 million fine to settle a charge by the Securities and Exchange Commission (SEC) that it misled clients by claiming that a higher percentage of its assets were 'ESG-integrated' than the investor could prove.

  • EFRAG guide 'a good start' but EU needs transition plan committee, report says

    08 November 2024

    Draft guidance to help organisations create climate transition plans in line with EU disclosure rules is "a good start" but the European Commission must address inconsistencies between several EU regulations, according to E3G.

  • Trump victory 'will cast a shadow over' COP29

    07 November 2024

    Donald Trump's victory in this week's US federal election, and his earlier pledge to remove the country from the Paris Agreement for a second time, "will cast a shadow over" the COP29 UN climate negotiations beginning next week.