EU Plans to Walk Back Key Planks of Toughest ESG Legislation February 24, 2025 By Frances Schwartzkopff and John Ainger The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation....
EU Weighs Easing Corporate Liability Under Toughest ESG Law February 12, 2025 By John Ainger The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches...
Investors With $6.8 Trillion Warn EU Not to Bow to ESG Backlash February 6, 2025 By Frances Schwartzkopff A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in...
Corporate ‘Irritation’ Over ESG Fueled by Significant Costs January 31, 2025 By Frances Schwartzkopff As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not...
EU Says Drive to Simplify Will Not Weaken Climate Agenda January 30, 2025 By Kate Abnett The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von...
Three-Quarters of Firms Globally Are Not Ready for New ESG Rules: KPMG Report September 26, 2023 Three-quarters of companies globally are not ready to have their environmental, social and governance (ESG) data audited externally months before...
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...
Fund Groups Warn Against EU Idea of Legally Defining ‘Greenwashing’ January 17, 2023 By Simon Jessop and Huw Jones LONDON, Jan 16 (Reuters) – European Union regulators should not define greenwashing in law, fund industry groups have told the...