The European Union is about to walk back significant chunks of planned ESG regulations, amid a barrage of complaints that such rules are becoming a dead weight hampering EU efforts to compete with the US and Asia. The European Commission, …
The European Commission is proposing a significant watering down of what was arguably its most consequential piece of ESG regulation. The European Union’s executive arm is proposing that the bloc amend eight main points in the scope of the Corporate …
The European Union is reviewing the extent to which companies can be held liable for environmental and human rights breaches in their supply chains, ahead of a package designed to remove red tape from the bloc’s ESG regulatory framework. The …
A group of investors representing €6.6 trillion ($6.8 trillion) of assets is calling on European officials not to cave in to mounting pressure to scale back the bloc’s ESG regulations. The planned reporting rules are essential to help asset managers …
As ESG rapidly morphs into one of the least-loved labels in global finance, those monitoring the development say it’s not all down to ideology. Instead, annoyance with environmental, social and governance metrics has grown along with regulatory requirements around ESG …
The European Union’s drive to simplify rules will not weaken the bloc’s climate change goals, European Commission President Ursula von der Leyen said. She was speaking on Wednesday after the Commission published a plan to boost EU competitiveness, the first …
International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims – and how – as part of efforts to increase rigor and consistency, the chair of the industry’s global ethics watchdog …
The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a formal proposal seeking to limit the scope of the regulatory framework. The French government is readying a new set of …
Datamaran, a provider of sustainability-related software, announced a collaboration with Deloitte in three European markets to provide companies with ways to better assess their environmental and social impacts and risks. In the agreement, Deloitte will use Datamaran’s double-materiality analysis software …
