ESG Regulation
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November 16, 2023
Agreement reached on proposed EU nature restoration law
The EU Parliament and the Council of the EU have reached a provisional political agreement on a regulation on nature…
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November 9, 2023
Drinks companies accused of greenwashing plastic bottle recycling claims in Europe
A European consumer group has filed a greenwashing complaint to European authorities against major soft drinks companies using plastic bottles…
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November 9, 2023
UK to regulate ESG ratings industry, reports
The UK government is planning to regulate the ESG ratings industry, according to the Financial Times. The newspaper said that…
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November 8, 2023
Swiss insurers request self-regulation on greenwashing
The Swiss Insurance Association (SIA) has told the Federal Department of Finance (FDF) that its planned principles-based greenwashing regulation is not necessary…
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November 1, 2023
Greenwashing risk from Sustainable Finance Disclosure Regulation
The Sustainable Finance Disclosure Regulation (SFDR), which has been in force since 2021, sets out how financial intermediaries, such as…
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October 31, 2023
EU Parliament calls for CO2 emission reduction targets for trucks and buses
The Environment Committee of the European Parliament has adopted proposals to strengthen EU CO2 emission standards for new heavy-duty vehicles,…
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October 30, 2023
UK’s financial regulators consult over new rules on diversity and inclusion
The UK’s Financial Conduct Authority (FCA) and the Prudential Regulation Authority (PRA) have both issued consultation papers on diversity and…
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October 27, 2023
Challenges and opportunities for insurers around net zero
The coming few years will be challenging for insurers as they try to navigate emerging standards and expectations around the…
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October 19, 2023
EC bows to pressure and delays sustainability reporting standards
Europe’s corporate risk managers will be relieved to hear that the EC has responded to mounting pressure from European business…
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October 19, 2023
Task Force on Climate-related Financial Disclosures says more progress needed
The Task Force on Climate-related Financial Disclosures (TCFD) says the percentage of companies disclosing TCFD-aligned information continues to grow, but…
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October 19, 2023
Green agreements guidance issued by UK’s Competition and Markets Authority
The UK’s Competition and Markets Authority (CMA) has issued new guidance that explains how competition law applies to environmental sustainability…
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October 18, 2023
MEP group aims to water down sustainability standards
A group of over 40 Members of the European Parliament (MEPs) have reportedly tabled a motion that calls on the…
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October 17, 2023
Paduano calls on insurers to boost help on transition and sustainability risks
Valentina Paduano, Ferma board member and chairwoman of its Sustainability Committee, has called on the insurance industry to step up…
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October 16, 2023
Ferma urges risk managers to act on sustainability directives
Risk managers must now help their organisations prepare for upcoming EU regulations on sustainability reporting and environmental and human rights…
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October 12, 2023
German insurers complain of ‘excessive’ regulation
German insurers are worried about what they describe as “excessive” regulation in areas such as sustainability reporting and data protection at…
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October 12, 2023
Guiding principles of UK’s Transition Plan Taskforce disclosure framework
The UK’s Transition Plan Taskforce’s (TPT) Disclosure Framework provides a ‘gold standard’ framework for climate transition plans to enable companies…
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October 10, 2023
European insurers warn EU over supply chain liabilities
The European insurance sector has told the European Union in no uncertain terms that insurers’ due diligence obligations should not…
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October 10, 2023
Climate-transition framework lays ground for mandatory disclosures in UK
UK-listed companies and financial sector firms will be expected to use a newly published framework to disclose “robust and credible”…
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October 10, 2023
Insurers welcome first European ‘green bond’ standard
MEPs in Strasbourg have adopted a new voluntary standard for the use of a ‘European Green Bond’ label, the first…
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October 5, 2023
European food chains ‘falling short’ on plastic pollution, say NGOs
A new report by a group of NGOs has found that nine major European ‘Big Food’ companies are failing to…