Climate disclosure in US strong at state level July 19th, 2024 California, Illinois and New York have pushed ahead with climate disclosure requirements despite legal push back on the Securities and Exchange Commission’s (SEC’s) final regulations. The SEC finalised its climate disclosure rules in March after more than a year wrestling over the requirements, but […]
Read More
A group of 35 Republican lawmakers have urged the Eighth US Circuit Court of Appeals in St Louis to vacate the SEC’s climate disclosure rules.
Read More
The US Chamber of Commerce has filed a lawsuit against the state of California over its new corporate climate disclosure laws.
Read More
CAQ calls for audit committees to improve disclosure on audit fees December 22nd, 2023 The Center for Audit Quality (CAQ) has urged companies to disclose more information around audit fees, particularly the connection between them and audit quality. The Audit Committee Transparency Barometer analyses audit committee disclosures of companies in the S&P 1500, reviewing disclosure […]
Read More
Japan introduces reforms to boost asset management sector December 21st, 2023 The Government of Japan has published a new policy plan to position the country as a leading asset management centre, including corporate governance reforms. The ‘Policy Plan for Promoting Japan as a Leading Asset Management Center’ is part of Prime Minister Kishida’s initiative for […]
Read More
The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial year.
Read More
South Korea’s Financial Services Commission (FSC) will postpone implementing ESG disclosure rules following similar moves from other countries.
Read More
The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to accurately assess emissions.
Read More
A new set of UK standards based on the IFRS Sustainability Disclosure Standards are to be rolled out that will enable companies to flag any sustainability-related risks and opportunities that they face.
Read More
The Financial Conduct Authority (FCA) has delayed publishing its final Sustainability Disclosure Requirements (SDR) until Q4 2023.
Read More