ESG Regulation
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ISSB opens reporting projects on biodiversity and human capital
The International Sustainability Standards Board (ISSB), partner body to the International Accounting Standards Board (IASB) under the IFRS, has announced…
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UK regulator widens net for sustainability disclosure rules
The UK’s financial services regulator said it wants to extend sustainability disclosure requirements for asset managers, due to begin from…
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European bosses say half of supply chain will not comply with CSDDD
C-suite executives across the EU and UK expect at least half of their supply chain will not be compliant with…
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Litigation likely to flow from US ‘forever chemicals’ regulation
The US Environmental Protection Agency’s (EPA) recent establishment of safe levels of so-called forever chemicals in drinking water will likely…
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EU brings in revised directive on energy performance of buildings
The European Council has formally adopted a revised directive on the energy performance of buildings designed to help reduce greenhouse…
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SEC climate-related disclosure rules on hold
Once again, it seems, an ESG-related piece of legislation or regulation takes one step forward and two steps back. In…
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European Parliament adopts framework for carbon removals
As the EU council attempts to placate business concerns about the pace of the energy transition while keeping progress roughly…
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EU promises action on regulatory burden in clean transition effort
Europe’s risk and insurance managers’ regulatory burden and the inability of the insurance market to come up with adequate solutions…
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US introduces law to protect drinking water from PFAS pollution
The US government has issued the first-ever national, legally enforceable drinking water standard to protect communities from exposure to harmful…
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EU says deforestation regulation on track despite opposition
Virginijus Sinkevicius, European environment commissioner, reportedly told Reuters during a visit to a cocoa-producing cooperative in Ivory Coast on Sunday…
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French MPs approve bill to restrict use of PFAS
French MPs have approved the first reading of a bill that is designed to restrict the manufacture and sale of…
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SEC pauses climate risk disclosure rules pending judicial review
The US Securities and Exchange Commission (SEC) has put a hold on proposed new climate-related disclosure rules pending judicial review.…
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Darim keeping on top of constantly changing legislation
Regulation has become an increasingly onerous part of the corporate world and one that carries its own risks – from…
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Climate disclosures will help identify risk but increase scrutiny, says Moody’s
Increased global transparency and standardisation will improve the ability to analyse climate risks and opportunities, but some entities will face…
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EC adopts tougher criminal sanctions for environmental crime
The European Council has formally adopted a directive to protect the environment through criminal law. It said that the law…
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Ferma remains ‘vigilant’ as CSDDD passes next hurdle
Ferma has told Commercial Risk that it is “relieved” a risk-based approach to due diligence has survived the watered-down version…
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BusinessEurope unhappy with revised CSDDD
BusinessEurope, the European confederation that represents 40 national industry and employers’ organisations, is unhappy with the agreement on the EU…
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European Council adopts watered down CSDDD
The Belgian presidency of the European Council has finally managed to gain approval for the Corporate Sustainability Due Diligence Directive…
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Revamped UK internal audit code expands to cover more risks and corporate culture
Proposed changes to a code of practice for internal audit in the UK promises to “raise the bar” for the…
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EU acts to break the forced labour business model
The EU may have ditched the Corporate Sustainability Due Diligence Directive (CSDDD) for the time being but opponents of strict…