ESG / Sustainability

Future Uncertain for UK SDRs After Omission

16/05/2022

Details on the SDRs were omitted from a new financial services bill outlined during the Queen’s Speech last week.

Market Infrastructure

Mandatory Disclosure Needed to Address “Persistent” GHG Reporting Gap

09/05/2022

FTSE Russell paper reveals wide variations across countries, sectors and company size for Scope 1 and 2 emissions.

ESG / Sustainability

EFRAG Consults on European Sustainability Reporting Standards

03/05/2022

The double materiality-based standards are designed to underpin the EU’s Corporate Sustainability Reporting Directive.

ESG / Sustainability

Asset Managers Report EU Taxonomy Teething Problems

30/04/2022

A new PRI report outlines recommendations to ensure clarity and ease the reporting process.

Big Picture

Green Transition Needs Greater Transparency – NGFS

28/04/2022

Consistent, comparable and reliable data and products dependent on disclosure standards and harmonised taxonomies.

Enforcement

US SEC Charges Brazil’s Vale for “Misleading” ESG Disclosures

28/04/2022

Brazilian mining firm Vale regularly misled local governments, communities, and investors about the safety of its Brumadinho dam through its ESG disclosures.

ESG / Sustainability

F4B Proposes Governance Model for Carbon Markets

28/04/2022

The model builds on three principles to ensure carbon markets grow rapidly, adhere to standards, and help the global economy move toward net zero.

Big Picture

New Guidance for Asset Owners on UNGP Roadmap

27/04/2022

The BSR report explains how adopting a human rights-based approach to finance can strengthen the impact of ESG practices.

Big Picture

Leading Banks Fail to Account for Climate in Financial Statements

27/04/2022

KPMG analysis finds most major banks and auditors are not yet focused on climate-related reporting.