Challenges to SEC’s Climate Rules Sent to Appeals Court March 22, 2024 By Clark Mindock A U.S. judicial panel on Thursday consolidated at least nine lawsuits challenging the U.S. Securities and Exchange Commission’s new rules...
Central Bankers Use AI to Assess Climate-Related Risks March 19, 2024 By Huw Jones Central bankers said on Tuesday they have broken new ground by using artificial intelligence to collect data for assessing climate-related...
US Treasury Drops Plan to Collect Insurer Data on Climate Risks March 8, 2024 The US government is stepping away from its effort to collect data on home insurance prices and availability at the...
Financial Services Firms ‘Largely Blind’ to Exposures From Nature-Related Risks: Report August 17, 2023 By Alastair Marsh Most financial firms aren’t assessing their portfolio exposure to nature-related risks with the same urgency they use to measure climate...
Industry Trades Rail Against Federal Climate Disclosure Bill August 1, 2023 By Chad Hemenway Federal legislation introduced last week that would require insurance companies with more than $100 million in annual premiums to disclose...
New G20-Backed Global Rules Aim to Clamp Down on Corporate Greenwashing June 26, 2023 By Huw Jones and Simon Jessop Companies will face more pressure to disclose how climate change affects their business under a new set of G20-backed global...
Environmental Platform Urges 1,600-Plus High-Emitting Firms to Disclose Data May 31, 2023 More than 1,600 companies identified by non-profit platform CDP as having the biggest impact on the environment are not disclosing...
Finance Firms Managing $136T in Assets Urge Boards for More Environmental Data March 13, 2023 By Virginia Furness and Simon Jessop Financial institutions managing $136 trillion in assets will this week call on companies to share more data on their environmental...
Canada Financial Watchdog Sets Rules for Insurers, Banks on Climate Risk Disclosure March 8, 2023 By Esteban Duarte Canada’s financial industry regulator published a set of guidelines for banks, insurance companies and other regulated firms to assess and...
G20-Backed Standards Body Approves First Global Company Sustainability Rules February 17, 2023 By Huw Jones The G20-backed International Sustainability Standards Board on Thursday approved “global baseline” rules for firms disclosing how climate change affects their...