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News Coverage on regulatory mandates, standards and challenges in ESG reporting and sustainability disclosures for financial and non-financial entities.

Reporting & Disclosures
Japan FSA Enhances Sustainability Disclosure Rules
By Editors | 03/02/2023
Companies will have to make more sustainability-related and gender-related disclosures for financial years ending on or after 31 March 2023.

Reporting & Disclosures
European Regulators Slammed for Approach to Greenwashing Probe
By ESG Investor | 31/01/2023
A lack of engagement with key stakeholders and timing of greenwashing investigation among criticisms levelled at European Supervisory Authorities.

Credit Risk
FSC Korea Unveils 12 Policy Initiatives in 2023 Work Plan
By Manesh Samtani | 31/01/2023
The initiatives seek to mitigate risks related to financial stability, insolvencies, scams, and virtual assets, while also promoting innovation and fintech.

Reporting & Disclosures
IFSCA Issues Disclosure Framework for GIFT City ESG Funds
By Editors | 30/01/2023
The framework is designed to promote the consistency, comparability, and reliability of disclosures from ESG funds operating in India’s maiden international financial services centre.

Reporting & Disclosures
Climate Consultancy South Pole Accused of Over-issuing Carbon Credits
By Editors | 30/01/2023
South Pole is alleged to have oversold 27 million tonnes of carbon credits and then failed to notify clients when the mistake was discovered.

Reporting & Disclosures
ESMA Under Pressure on ESG Fund Labelling Rules
By ESG Investor | 27/01/2023
European financial regulator faces up to criticisms of its plans for ESG label rules, with concerns focusing on the EU’s SFDR.

Climate Risk
Researchers Dispute Benefits of Verra Approved Carbon Credits
By Editors | 23/01/2023
Investigative journalists found that only a handful of Verra’s rainforest projects showed evidence of deforestation reductions.

Sustainable Finance
SEC Complaint Lodged Against SLB For Misleading Claims
By ESG Investor | 23/01/2023
A whistleblower complaint has been filed to the US SEC calling for an investigation sustainability-linked bonds issued by Brazilian meat giant JBS.

Reporting & Disclosures
ISSB “Straying” from Core Purpose with Scope 3 Inclusion
By ESG Investor | 20/01/2023
Despite investors calling for disclosure of all emissions, there are concerns the board is reaching beyond its remit.

Conduct, Culture & Accountability
ASIC Commissioner Steps Down Early to Join Vanguard
By Editors | 17/01/2023
Commissioner Sean Hughes was due to end his five-year term in December but will now stop on 3 February.
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