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...
Global Watchdog Issues Blueprint for Banks to Report Cyberattacks April 14, 2023 The G20’s financial watchdog on Thursday recommended a blueprint for banks to report cyberattacks in a common format in a...
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...
G20 Watchdog to Tackle ‘Vulnerabilities’ in Decentralized Finance After FTX Collapse February 16, 2023 By Huw Jones The G20’s Financial Stability Board (FSB) said on Thursday it would take steps to tackle “vulnerabilities” and data gaps in...
Moody’s: Environmental Considerations Increasingly Pressuring Issuers’ Credit Profiles November 3, 2022 By Don Jergler A Moody’s Investors Service Report shows that 16 sectors holding $4.3 trillion in rated debt are exposed to high or...
How New International Deal Could Stem Corporate Use of Tax Havens October 12, 2021 By David McHugh FRANKFURT, Germany (AP) – More than 130 countries have forged a deal on sweeping changes in how big global companies...
European Corporations Given Guidance on Factoring Climate Risk in Financials May 31, 2018 The European Bank for Reconstruction and Development has published guidance for companies reporting on the physical impact of climate change...
Insurance Claims from G20 Riots in Germany Could Hit $13.8 Million July 19, 2017 A group representing German insurers says the rioting that accompanied the Group of 20 summit earlier this month could cost...
Bank of England Governor Warns Investors Failing to Consider Climate Risks June 30, 2017 By Jessica Shankleman and Francine Lacqua Bank of England Governor Mark Carney said he’s concerned investors aren’t doing enough to assess threats that global warming will...
G20 Task Force Develops Climate-Related Financial Disclosure Framework Supported by Insurers June 29, 2017 By Nina Chestney A global task force set up by the G20 has developed a voluntary framework for companies to disclose the financial...