UK FCA warns of action on ESG benchmark failings

The European Securities and Markets Authority (ESMA) and European Insurance and Occupational Pensions Authority (EIOPA) have said the challenges of implementing sustainability regulation may lead to greenwashing.

Corporate data on water dependencies needs to improve to enable investors to understand water-related risks, an executive at the research arm of US investment bank Jefferies has said.

Investor support for shareholder climate resolutions urging Chevron and ExxonMobil to set greenhouse gas (GHG) emissions reduction targets has fallen since last year, following limited progress at their European counterparts.