The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.
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SEC preparing 50+ ESG regs for 2023 10 January 2023 The Securities and Exchange Commission (SEC) is aiming to release 52 regulations targeting ESG investing. Over the next ten months, the SEC is expected to release 27 regulations currently in the proposal stage and 26 in the final rule-making stage. The proposed regulations aim to […]
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ISSB disclosure rule update expected in 2023 January 6, 2022 The International Sustainability Standards Board (ISSB) is to propose two new rules covering companies’ disclosures of climate-related risks and expands its focus to include corporate biodiversity reporting. The pairing will help set a baseline for disclosures by more broadly incorporating nature, the ISSB said. The […]
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US sustainable assets fall as SEC pushes ESG regulation December 22, 2022 Sustainability-linked assets in the US have fallen from a high of $17.1tn in 2019 to $8.4tn at the beginning of 2022, a report from the US Forum for Sustainable and Responsible Investment (US SIF) has found. In total, 13% of the total US […]
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Companies are failing to comply with the standards of the TCFD, the UK’s regulatory watchdog has found in it’s latest review.
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Governments around the world are being urged to mandate climate transition commitments by a coalition of asset managers representing $39trn in capital.
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Nasdaq CEO Adena Friedman has revealed its ESG unit is the fastest growing part of the business, despite the stock exchange’s lobbying efforts against pro-ESG laws from the SEC.
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The European Central Bank (ECB) and the International Monetary Fund (IMF) have called for a global standard setter to align climate disclosures across jurisdictions and make these more reliable for investors.
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The Taskforce on Nature-related Financial Disclosures (TNFD) has released the second beta version of its prototype risk management and opportunity disclosure framework (v0.2).
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Large European and non-European companies will be required to report on sustainability issues as the European Council and European Parliament have agreed on more detailed sustainable reporting requirements.
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