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...
Executive Bonuses in Crosshairs in New CO2 Proposal: ESG Regulation May 1, 2023 By Frances Schwartzkopff Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European...
ECB to Limit Purchases of Longer-Term Debt Issued by Climate Laggards September 21, 2022 By Frances Schwartzkopff The European Central Bank will limit purchases of longer-term debt issued by companies that rank poorly under a new scoring...
‘Hating ESG’: Advocates Are Looking to Replace the Label August 24, 2022 By Saijel Kishan and Frances Schwartzkopff A number of sustainable investing champions say it’s time for the “ESG” label to be shelved and replaced by something...
Confusion About ESG Prompts EU Watchdog to Urge Rethinking of Rulebook August 22, 2022 By Frances Schwartzkopff Europe’s markets watchdog is calling for a rethink of the region’s ESG investing rulebook after finding that the existing framework...
New Sustainability Rules Attacked for Protecting Profits Over Planet July 29, 2022 By Frances Schwartzkopff and Lisa Pham The organization aiming to set worldwide climate reporting requirements for decades to come is under fire for putting corporate interests...