Banks, Insurers Set to Lose Reprieve From EU’s Toughest ESG Rule January 30, 2024 By Frances Schwartzkopff Financial firms in the European Union look set to be hit by a new ESG requirement that they lobbied hard...
Banks, Insurers Temporarily Dodge Full Impact of EU’s Harshest ESG Law to Date December 19, 2023 By Frances Schwartzkopff The finance industry will be shielded from the full scope of the European Union’s most consequential piece of ESG legislation...
Governments Increasingly Will Foot Bill for Climate Risks as Insurers Exit: Report November 22, 2023 By Frances Schwartzkopff As insurers start to pull out from markets battered by the fallout of climate change, governments are increasingly at risk...
Banks, Insurers May Escape EU’s Toughest ESG Regulation So Far November 14, 2023 By Frances Schwartzkopff Banks, asset managers and other financial firms have won a reprieve from Europe’s most consequential ESG regulation to date, as...
Banks Told to Review Clients in Historic ESG Crackdown in EU October 17, 2023 By Frances Schwartzkopff Banks in Europe will need to adjust the risk assessments they conduct of their clients to reflect new ESG requirements...
Banks in EU Get World’s First ESG-Related Rewrite of Capital Rules October 13, 2023 By Frances Schwartzkopff In a global first, Europe’s main bank regulator is revising the framework that sets capital requirements so that lenders reflect...
EU Companies Get New ESG Rules Aimed at Addressing Climate Risks July 31, 2023 By Frances Schwartzkopff Tens of thousands of companies operating in Europe face new requirements to report their operations’ ESG impacts as the European...
Anti-ESG Movement in U.S. Feeds Anxiety Among UK Investors June 28, 2023 By Frances Schwartzkopff Investors in the UK are starting to worry that the anti-ESG movement may spread from the US and get a...
EU Banks Expand Risk Models to Better Prepare for Climate-Change Fallout June 23, 2023 By Frances Schwartzkopff European banks are building out their risk models to better prepare for the fallout from climate change, with some even...
US Slips in Supply-Chain Ranks After Child-Labor Violations June 20, 2023 By Frances Schwartzkopff The US has joined a list of mostly emerging-market countries where ESG supply-chain risks are “high,” after the world’s richest...