ESG / Sustainability

ISSB Asked to Prioritise Biodiversity in Two-year Work Plan

07/08/2023

Respondents to ISSB’s agenda priorities consultation call for focus on biodiversity and nature, progress on social and human-rights related reporting standards.

ESG / Sustainability

IAASB Consults on Sustainability Assurance Standard

04/08/2023

IAASB Chair Tom Seidenstein said external and independent assurance is needed to increase trust in corporate sustainability reporting.

ESG / Sustainability

UK Sets Sustainability Disclosure Standards Deadline

03/08/2023

The standards will utilise the ISSB framework as a baseline, only diverting from it “if absolutely necessary for UK specific matters”.

ESG / Sustainability

Korea NPS in Legal Battle Over Silence on Coal Phase-out

24/07/2023

South Korea’s National Pension Scheme continued financing of coal despite promise to exit sees campaigners seek redress in court.

Capital / Liquidity

European Parliament Advances ESG Update to Solvency II

21/07/2023

The position to update Solvency II includes provisions for transition planning aligned to CSRD and explicit integration of ESG risks into insurers’ risk management processes.

ESG / Sustainability

GRI May Merge with ISSB, Says CEO

18/07/2023

Jurisdictions urged to avoid misalignment when integrating ISSB standards to avoid investor confusion and aid decision-making.

ESG / Sustainability

ISSB to Absorb TCFD Monitoring Responsibilities from 2024

13/07/2023

The ISSB welcomes the FSB’s request to transfer the TCFD’s monitoring responsibilities to the ISSB from 2024.

ESG / Sustainability

NZIA an “Empty Shell” as it Scraps Emissions Target-setting Rules

07/07/2023

NZIA members are no longer required to set or publish GHG emissions reduction targets.

Capital / Liquidity

FCA Boosts Pension Scheme LTAF Access

03/07/2023

The UK has set out rules to provide retail investors with access to Long Term Asset Funds (LTAFs).