ESG Regulation
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September 22, 2023
Final recommendations published by Taskforce on Nature-related Financial Disclosures
The Taskforce on Nature-related Financial Disclosures (TNFD) has published its final recommendations for nature-related risk management and disclosure. In addition,…
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September 20, 2023
UK urged not to dilute corporate governance code
The UK has been urged by by the Chartered Governance Institute of UK and Ireland not to water down current…
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September 19, 2023
California to enact ground-breaking ESG disclosure bill
The battle in the US over how far to take the effort on ESG and how accountable corporates are for…
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September 19, 2023
European Parliament adopts position on critical raw materials
The European Parliament has adopted its position on boosting the supply of strategic raw materials, which it says is crucial…
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September 11, 2023
Better communication needed on sustainability in Dutch insurance sector
Communication lines between the Netherlands government and insurance market needs to be improved to help guide the sector towards a…
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September 7, 2023
‘High level of interoperability’ between ESRS and GRI Standards
EFRAG and the Global Reporting Initiative (GRI) have announced that “a high level of interoperability” has been achieved between the…
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September 5, 2023
Insurance Europe wants changes to EC’s ESG rating proposal
In response to a recent European Commission consultation, Insurance Europe has set out seven areas of improvements to the EC’s…
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August 31, 2023
Investors demand sharper focus on human rights in sustainability reporting
An investor coalition – managing assets of more than one trillion US dollars, including Impax Asset Management, The Universities Superannuation…
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August 30, 2023
Firms lack proper ESG controls, raising compliance risks
Two-thirds of organisations lack proper ESG controls and 60% do not perform internal ESG audits, according to a survey of…
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August 15, 2023
LRQA launches supply chain due diligence map of new global regulations
Risk assurance expert LRQA has published a new map detailing evolving country-specific supply chain due diligence regulations around the world…
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August 10, 2023
UK government publishes Sustainability Disclosure Standards
The UK’s Department for Business and Trade (DBT) has published the UK Sustainability Disclosure Standards (SDS), which set out corporate…
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August 9, 2023
European Commission adopts European Sustainability Reporting Standards
The European Commission has adopted the European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive...…
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July 27, 2023
EC adopts list of essential services for Critical Entities Resilience Directive
The EC has adopted a list of essential services in the eleven sectors covered by the Critical Entities Resilience Directive (CER) which entered…
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July 27, 2023
Act presented in US Congress to force insurers to disclose fossil fuel support
Democratic congressman Adam Schiff and congresswoman Rashida Tlaib have introduced the Polluter Portfolio Disclosure Act, which would require insurance companies with more tha...…
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July 26, 2023
Ferma urges Spanish presidency to push key legislation over the line
Ferma has called on the Spanish presidency of the Council of the EU to help deliver a more risk-based approach…
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July 18, 2023
German insurers call for policies to be excluded from EU due diligence directive
German insurance association GDV has warned the EU that, as it currently stands, the proposed Corporate Sustainability Due Diligence Directive…
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July 18, 2023
Australian risk managers put on greenwashing alert as regulator warns of concerns
The Australian Competition & Consumer Commission (ACCC) has published draft guidance designed to improve the integrity of environmental and sustainability…
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July 14, 2023
EU parliament adopts nature restoration law as food security risk rises
The European Parliament has adopted its position on the EU nature restoration law with 336 votes in favour, 300 against…
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July 13, 2023
UK polluters face unlimited fines under new legislation
UK companies will soon run the risk of unlimited civil fines and penalties for polluting waterways and other ecosystems, with…
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July 4, 2023
UK backs away from mandatory deforestation due diligence
The UK government has rejected a key amendment to the Financial Services and Markets Bill that would force financial institutions…