Archive

EU countries failing to transpose CSRD risk increasing costs of compliance, observers say

EU countries yet to confirm transposition of the Corporate Sustainability Reporting Directive (CSRD) into national law are raising the risk of increased costs of compliance - particularly those linked to gaining independent assurance of reports, observers have said.

US and BTG Pactual launch $10bn Brazilian restoration coalition

The US government has launched a Brazilian land restoration coalition, with aims to mobilise around $10 billion from the public and private sector.

People moves, 15 November: BlackRock, Barclays, South Pole, WHEB ... and more

COP29 finance day: Harmonisation initiatives the highlight of underwhelming day

Multi-jurisdiction taxonomies and a push for harmonised transition plan rules stole the headlines, as finance proved a sticking point, Michael Hurley writes

GSIA publishes sustainable investment 'incentive barriers' report

Climate disclosure 'stagnated' in anticipation of reporting rules, Australian regulator finds

Australian financial institutions' disclosure of climate-related risks has "stagnated" compared to previous years, a trend which the regulator suggests was due to organisations waiting for more clarity on greenwashing and disclosure rules.

COP29: Article 6 undermining the COP process, warns NGOs

The pursuit of carbon markets under Article 6 is "undermining" the principle of the COP process, the Global Forest Coalition (GFC) has warned, with concerns also raised about the "bulldozing" of negotiations.

People Moves, 8 November: Global Green Growth Institute, Climate Change Committee, Power Sustainable ... and more

Members network to push for 'global norms' on transition plans after TPT disbands

A membership network is set for launch that will "support the development of global norms for transition plans", the Transition Plan Taskforce (TPT) revealed in a report marking the end of the taskforce.

Legal & General pension fund expands focus on nature

A pension fund managed by Legal & General has begun to assess nature risks and said it will become an 'adopter' of the Taskforce on Nature-related Financial Disclosures (TNFD) recommendations.