ESG
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March 28, 2024
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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March 26, 2024
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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March 22, 2024
Aon launches physical climate risk exposure assessment tool
A tool that assesses an organisation’s current and future exposures to physical climate risk has been launched by Aon. The…
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March 22, 2024
Slow progress for women in UK’s financial firms as representation reaches 35%
More than 200 UK finance firms averaged 35% of women in senior management roles in 2023, up just 1% from…
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March 21, 2024
Action groups claim landmark greenwashing victory in KLM case
Dutch action groups have claimed a major victory in the fight against greenwashing by the aviation industry. The District Court…
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March 21, 2024
Risilience launches ‘holistic, sustainability intelligence suite’
UK-based Risilience, a sustainability intelligence firm, has launched a nature platform that will combine with its climate platform to tackle…
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March 20, 2024
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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March 19, 2024
Europe and Central Asia hotspots as forced labour profits reach $236bn
Annual private sector profits from forced labour have reached $236bn, up 37%, or $64bn, since 2014 with Europe and the…
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March 19, 2024
Businesses struggling with net zero plans
Large businesses around the world are struggling with their net-zero plans, with barriers including fears of unfair scrutiny of climate…
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March 18, 2024
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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March 15, 2024
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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March 15, 2024
Landmark legal opinion highlights UK directors’ obligations on nature-related risks
Directors need to consider their company’s nature-related risks as part of their legal duties under English company law, according to…
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March 14, 2024
Supply chain pressure rises as EU Forced Labour Regulation agreed
EU members states have agreed the Forced Labour Regulation that prohibits products made with forced labour from the EU, so…
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March 14, 2024
Insurers fear rise of ESG requirements
Insurers are becoming increasingly concerned about greenwashing as ESG requirements become tougher, shows a global study carried out among investment…
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March 14, 2024
More than half of FTSE companies now engaged in tree planting
An estimated 51% of FTSE 100 companies are currently investing in tree-planting initiatives as part of their ESG programmes, according…
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March 13, 2024
UK business leaders fear ESG targets expose them to litigation
Nearly two-thirds (62%) of senior leaders at large UK businesses are worried that their ESG targets put them at risk…
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March 12, 2024
Europe ill-prepared for climate risks, finds first-ever EEA assessment
Europe is not prepared for rapidly growing climate risks and is failing to keep pace with the rising exposures, warns…
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March 7, 2024
Workplace stress a key driver of ‘alarming’ rise in mental health problems: AXA
The mental health of workers is deteriorating and the workplace is one of the main reasons behind this trend, according…
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March 7, 2024
Supply chain emissions data a ‘mammoth’ task for risk managers, says Airmic
Risk managers face a “mammoth” task identifying carbon emissions in their supply chain, according to UK risk management association Airmic,…
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March 7, 2024
SEC adopts compromised climate-related disclosures
The US Securities and Exchange Commission (SEC) has adopted rules to enhance and standardise climate-related disclosures by public companies and…