ESG Regulation
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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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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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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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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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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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‘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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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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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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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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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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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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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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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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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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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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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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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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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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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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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…