Reporting & Disclosures

Structural Regulation

OECD Unveils New Tool Supporting Global Tax Reform

By ESG Investor | 09/10/2023

Adoption of the new multilateral instrument marks further progress towards the implementation of the Pillar Two minimum tax.

Sustainable Finance

European Parliament Adopts New Standards for Green Bonds

By Editors | 09/10/2023

The standards impose strict requirements on companies that choose to use the ‘European green bond’ or ‘EuGB’ label.

Climate Risk

NGFS Publishes Conceptual Note on Short-term Climate Scenarios

By Editors | 07/10/2023

The conceptual note proposes five different climate scenario narratives to underpin the short-term dynamics associated with various transition and physical impacts.

Reporting & Disclosures

GTAG Releases Final Advice on UK Green Taxonomy

By ESG Investor | 06/10/2023

Ingrid Holmes, chair of the UK’s Green Technical Advisory Group, is calling on the government to urgently implement a green taxonomy.

Reporting & Disclosures

Korea Announces New Disclosure Standards for ESG Funds

By Manesh Samtani | 06/10/2023

The standards will become effective in December. A two-month “intensive review period” will then take place ahead of full implementation in February 2024.

Climate Risk

US Treasury Principles Aim to Make Net Zero “the Norm”

By ESG Investor | 06/10/2023

Principles announced by Treasury Secretary Janet Yellen put emphasis on Scope 3 reporting from financial institutions and measurable targets.

Reporting & Disclosures

HKGFA Offers Suggestions on Next Phase of Taxonomy Development

By Manesh Samtani | 05/10/2023

New report launched at HKGFA’s 6th Annual Forum proposes 21 additional green activities for the next phase of taxonomy development in Hong Kong.

Reporting & Disclosures

Philippine SEC Consults on Revised Sustainability Reporting Guidelines

By Editors | 04/10/2023

Listed companies will be required to submit sustainability reports in two formats. Consultation is open until 16 October.

Reporting & Disclosures

NZ FMA Issues Record Keeping Guidance for Climate Disclosures Regime

By Sanday Chongo Kabange | 04/10/2023

The guidance sets out principles for firms to ensure their records evidence that climate statements comply with the CRD requirements.