Archive

UK prime minister under fire from industry for weakening climate policies

UK prime minister Rishi Sunak announced he would delay a ban on the sales of new petrol and diesel cars and the phasing out of gas boilers, drawing a wave of criticism from investors and corporates who say the move harms plans for the transition.

ISSB urged to address biodiversity and social issues

The International Sustainability Standards Board (ISSB) has been urged to set standards on biodiversity and human capital, as part of its next phase of work.

People moves, 11 August: Barclays, Finnish church pension fund, GSIA, Verra ... and more

French parliament adopts 'say on climate' rule for listed companies

The lower house of the French Parliament has adopted a rule that would require large listed French companies to give investors a 'say on climate' transition plans and their implementation.

Stalled EU social taxonomy work to be 'restarted' by French investors

Work on a stalled proposal to develop an EU-wide taxonomy of social activities is to be taken up by national sustainable investment fora.

UK delays sustainability disclosure rules - again

The publication of the UK's Sustainability Disclosure Requirements (SDR) and sustainable investment labels has been delayed again, with publication now set for the fourth quarter of this year.

France moves closer to requiring 'say on climate' transition plans

Companies listed in France would be required to give investors a 'say on climate' transition plans and their implementation, under plans set to be discussed in Parliament this month.

More than 90 investors demand removal of climate disclosure opt-out in CSRD

A group of 93 investors and other financial institutions has signed a letter urging the European Commission to remove a proposed opt-out in corporate disclosure rules for aspects including greenhouse gas (GHG) emissions.

PRI rallies investors to pressure Commission to rethink ESRS

EU draft disclosure rules risk undermining SFDR, investor group warns

An investor group has criticised the perceived weakening of draft European Sustainability Reporting Standards (ESRS) published by the European Commission, which the group warned would undermine investors' ability to meet their own reporting obligations.