Over 600 of the world’s largest companies are calling on G20 leaders to strengthen their national climate targets and deliver climate financing at the G20 and COP26 summits.
Read More
In an announcement on 30 September, the Taskforce on Nature-related Financial Disclosures (TNFD) listed 30 individuals from the financial services, corporate, and consultancy sectors who will make up the taskforce’s committees.
Read More
Australian regulator targets net zero greenwashing Follows IPO examination of one company’s statements September 17, 2021 The Australian Securities & Investments Commission (ASIC) has warned it will take action against companies it believes are making misleading claims regarding their net zero efforts. The financial regulator has already intervened in an energy company’s initial public offering […]
Read More
Minerva weighs in on TPR climate guidelines September 10, 2021 In July, The Pensions Regulator (TPR) announced an eight-week consultation to shape their new guidance for trustees to meet tougher standards of governance in relation to climate change risks and opportunities. Minerva has submitted a response to the new guidelines. The consultation, which ended on […]
Read More
Oil and gas companies need to show a clear and urgent focus on addressing environmental, social and governance (ESG) concerns in order to continue to attract capital from investors, according to a new report from EY.
Read More
The European Financial Reporting Advisory Group (EFRAG) is seeking appointees for 11 new industry groups to assist with a review of the bloc’s sustainability reporting standards.
Read More
Some of the UK’s largest pension investors have collaborated to establish a formal, repeatable diversity assessment and improvement process.
Read More
The UK’s Financial Conduct Authority (FCA) has hit out at “poor quality” product applications for ESG funds and set out detailed guidance for fund managers.
Read More
UK-based asset owners have warned that the Task Force on Climate-related Financial Disclosures (TCFD) portfolio alignment proposals could undermine efforts to transition to a low carbon economy.
Read More
Proposals target investor protection issues July 1, 2021 The International Organization of Securities Commissions (IOSCO) says more efforts are needed to curb greenwashing in the asset management industry and has called for feedback on planned recommendations surrounding sustainability-related regulatory and supervisory expectations. A new report from the umbrella group of global securities regulators centres on […]
Read More