ESG
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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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ESG knowledge among UK business leaders ‘patchy’: Marsh poll
The understanding and application of ESG among UK business leaders is patchy, with only around half understanding ESG and related…
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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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MEPs demand reversal of burden of proof on forced labour
The European Parliament’s Internal Market and International Trade committees have adopted their position on keeping products made using forced labour…
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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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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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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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The growing risk of human rights climate litigation
Human rights climate litigation is growing at an exponential rate, with Europe a hot spot together with cases in the…
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Companies feel internal and external pressure to set net-zero target
The vast majority (88%) of companies feel internal and external pressure to set a net-zero target as a part of…
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Lloyd’s models five-year extreme weather losses at $5trn
Lloyd’s said global economic losses from extreme weather events would total $5trn over a period of five years after it…
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Darim approaches 100th member
The Danish Risk and Insurance Management Association (Darim) is on the verge of a milestone. It currently has 99 members…
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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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International SOS publishes framework as mental health problems rise
International SOS has published a framework to help firms prioritise employee mental health that it warns has come under “unprecedented”…
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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…
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Just over half of UK firms offering mental health support, survey finds
A survey of UK firms finds that 70% of large corporates provide mental health and wellbeing support to employees but…
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Austrian Airlines successfully sued for greenwashing
The Austrian Association for Consumer Information (VKI) has obtained a greenwashing judgment against Austrian Airlines AG (AUA), which had advertised…
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Deutsche Bank pays $25m for AML and ESG failings
The US Securities and Exchange Commission (SEC) has charged Deutsche Bank’s investment adviser DWS Investment Management Americas (DIMA/DWS) in two…
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Sedgwick launches climate risk and resiliency programme
Sedgwick has launched a climate risk and resiliency programme designed to address the impact of climate-related losses. The multidisciplinary solution,…
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Boards must start addressing ESG risks
Boards can face liability from pushing shareholder value over ESG, or vice versa, but either way they need to be…
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Three-quarters of firms not ready for ESG rules, says KPMG
Only 25% of global companies are ready for new ESG regulations and external data audits, according to a KPMG survey.…