Archive

California consults on changes to delayed climate reporting rule

The California Air Resources Board (CARB) has requested feedback on proposed changes to its climate disclosure rules, including a three-month delay to the first reporting deadline.

EBA publishes standards for ESG reporting by banks

Japan's revised governance code a mixed bag, says L&G

Japan's overhauled Corporate Governance Code places more emphasis on shareholder dialogue, capital allocation and governance effectiveness than previously - but gaps include limiting key elements to 'illustrative guidance', L&G Asset Management said.

NY pension fund tells SEC not to abandon review of shareholder proposals

A major US pension fund has warned the Securities and Exchange Commission (SEC) against plans to permanently stop reviewing shareholder proposals, arguing that it risked a re-run of "chaos" this year.

How AI can help navigate ESG, drive sustainability agendas and the regulatory environment

AI must be monitored correctly, with human oversight, ensuring reporting requirements are managed appropriately, writes Chloé Wade

EFRAG unveils non-EU ESRS - but 'equivalence' calls will have to wait

Standards for non-EU companies to report their sustainability impacts in line with EU rules have been unveiled - but discussions on whether international standards are recognised as 'equivalent' are not expected soon.

BlackRock collaborates with PCG Impact

ASCOR adds 'below 2°C' benchmark to its sovereign debt assessments

A group of 85 countries will be assessed on whether their emissions pathways and targets are in line with a benchmark of 2°C of warming, under a revised methodology that previously only included a 1.5°C temperature benchmark.

$101bn US pension fund decries SEC climate rule cuts

Claims of cost-savings linked to the Securities and Exchange Commission (SEC) rescinding its climate disclosure rule are overstated and the move will only make investors' work harder, a major US pension fund manager warned.

ISSB sets up AI debate as it agrees to overhaul IT industry standards

The International Sustainability Standards Board (ISSB) teed up a future debate on reporting on artificial intelligence (AI), as it voted to "comprehensively enhance" six industry-specific standards in the 'technology and communications' sector.