News

• Aviva: UK must 'send clear policy signals' on transition plan consistency

  18 October 2022

  Ahead of the UK Transition Plan Taskforce (TPT) publishing its draft framework in early November, TPT co-chair Aviva has called on the UK government and regulators to set out clear and consistent guidelines for net-zero transition plans.

• Taxonomy 'useless' as investment tool until disclosure improves

  18 October 2022

  The EU's taxonomy of sustainable activities and related reporting requirements are useless for directing investment until disclosure improves and more guardrails are introduced to govern use of estimated data, which could take years, according to a data provider.

• Investors calling on TNFD to address nature restoration

  18 October 2022

  The TNFD has said that investors have asked the group to showcase more opportunities to finance restoration of nature.

• SEC Commissioner to push for 'robust' sustainability disclosure in US

  18 October 2022

  A recently appointed Commissioner at the US Securities and Exchange Commission (SEC) has spoken in favour of the proposed sustainability reporting rules, and pledged to help make them "as robust as possible".

• Biodiversity among biggest challenges for EDF sustainability reporting

  18 October 2022

  Reporting on biodiversity will be one of the most difficult aspects of sustainability reporting for Électricité de France (EDF), an executive has said.

• Binary views on double materiality 'unhelpful', says FCA

  17 October 2022

  Discussions of double materiality as binary are 'unhelpful', a senior executive at the UK's Financial Conduct Authority (FCA) has said.

• ISSB targets adoption of global baseline standards 'as soon as they are finalised'

  17 October 2022

  The IFRS Foundation hopes that the sustainability reporting guidelines being developed by the International Sustainability Standards Board (ISSB) will be adopted as a global baseline "as soon as" they are finalised.

• IOSCO urges ISSB to deliver for emerging markets

  17 October 2022

  IOSCO has urged the ISSB to ensure its global reporting baseline is fit for use in emerging markets.

• EM financial institution green bond impact reporting study published

  17 October 2022

  The International Finance Corporation (IFC) and Environmental Finance have published a report that provides a detailed snapshot of trends in emerging market (EM) financial institution green bond impact reporting.

• MAS to launch data registry next year

  16 October 2022

  The Monetary Authority of Singapore (MAS) has announced its ESG data registry will launch next year.