Policy

EU countries reject move to weaken Deforestation Regulation

The European Council blocked a move by Members of European Parliament to weaken the EU Deforestation Regulation as they voted to confirm a one-year delay to the proposed rules.

Finance 'mission' launched to turbocharge investment in renewables, energy efficiency

IFRS unveils guide to materiality assessment for sustainability reports

COP29: Governments urge more finance for food systems decarbonisation

G20 leaders back country 'platforms' to boost private finance, urge NCQG progress

COP29: Accounting association pushes countries to adopt ISSB standards

Finnish FSA flags shortcomings in sustainability reports

EU ESG ratings regulation clears final hurdle with Council approval

EU supervisors estimate trillions in losses from 'run on brown' assets

European financial institutions stood to lose trillions of euros from a 'run on brown' assets, financial supervisors estimated in a first-of-its-kind stress test - but the financial impacts of climate-related "transition risks alone are unlikely to threaten financial stability".

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.

UK 'exploring value of' taxonomy after repeated delays

A UK government consultation to "explore the value of implementing a taxonomy" has been welcomed by commentators but has done little to dispel concerns that years of work on the proposal may still lead it to be ditched.

UK confirms plans to join EU in regulating ESG ratings providers

The UK government has confirmed it plans to regulate ESG ratings providers to ensure transparency, good governance, managing conflicts of interest, and proper systems and controls.

Taxonomy, ESG ratings and transition plans in raft of UK green finance measures

Final 'Sustainable Development Impact Disclosure' guidance published

COP29: 1.5°C slipping away without mandatory transition plans, says Guterres

UN secretary-general António Guterres has called for mandatory rules for corporates and financial institutions to have 1.5°C-aligned transition plans, after warning that efforts to limit global warming to 1.5°C are "slipping away".