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...
Europe’s Insurers May Face New Capital Rules for Climate Risk January 31, 2025 By Gautam Naik Europe’s insurance watchdog has called for a recalibration of capital requirements to reflect rising climate-driven disasters across the continent. The...
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...
Update: Auditors Get Tougher Guidelines on Judging Firms’ Environmental Claims January 27, 2025 By Simon Jessop and Virginia Furness International auditors have been given new guidance on what to check when assessing firms’ environmental, social and governance claims –...
EU Is Set to Shrink ESG Reporting Rules Amid French Demands January 22, 2025 By Frances Schwartzkopff The European Union is set to scale back its highly contested ESG reporting requirements, as France prepares to unveil a...
EU Bank Regulator Tightens ESG Rules as Climate Risk Grows January 9, 2025 Europe’s financial regulator for banks said lenders in the bloc must regularly and comprehensively measure ESG risks, in new guidelines...
European Central Bank Pitches Plan to Boost Insurance Coverage for Climate Losses December 19, 2024 By Gautam Naik The European Central Bank and the region’s insurance authority proposed a two-pronged approach to increase insurance coverage for floods, storms...
Global Temperature Set to Surpass 1.5C Threshold in Hottest Year on Record December 9, 2024 By Olivia Rudgard This year is “effectively certain” to be the warmest on record with temperatures climbing above a closely watched threshold for...
EU Seeks to Streamline ESG Regulations Amid Growing Backlash November 26, 2024 By Frances Schwartzkopff The next European Commission will urgently seek to streamline the bloc’s many environmental, social and governance rules, as it responds...
Summer 2024 Was World’s Hottest on Record: EU Climate Change Monitor September 9, 2024 By Kate Abnett The world is emerging from its warmest northern hemisphere summer since records began, the European Union’s climate change monitoring service...