Remove 2024 Remove COP26 Remove Sustainable Investment
article thumbnail

Fidelity to Vote Against Companies That Don’t Meet Deforestation-Related Expectations

ESG Today

Tan added: “We seek to make a difference not only through direct corporate dialogue but in collaboration with the industry through system-wide stewardship, helping to shape an enabling policy and regulatory environment which places a fair value on natural capital and the ecosystem services from which we all benefit.” ”

article thumbnail

Three New Green Labels for UK Funds

Chris Hall

The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainable investments. Rules relating to labelling and disclosure will come into effect from June 2024. .

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Sustainable Finance and Upcoming Reporting Requirements in 2022

Sphera

Even after the 26th United Nations Climate Change Conference of the Parties (COP26) came to a close last November, the ESG landscape still remains unclear. Environmental, Social and Governance and sustainable finance currently are like the Wild West. Products with sustainable investment objectives.

article thumbnail

UK Must “Harness the Power” of its Green Taxonomy – GTAG

Chris Hall

Further, the UK’s Financial Conduct Authority (FCA) has delayed the publication of the Sustainability Disclosure Requirements (SDR) policy statement from Q3 to Q4 of this year, with the resulting implementation of its labelling scheme, product naming and marketing rules now expected H2 2024.Levick

Banking 59
article thumbnail

ISSB Standards Launch a “Landmark” for Global Economy

Chris Hall

“The collaboration between the ISSB and IOSCO has been constructive, and we can proudly say that key sustainability-related disclosure standards will be ready for corporate use by the end of 2024.” Adopting ISSB standards Now that IFRS S1 and IFRS S2 are issued, the ISSB will work with jurisdictions and companies to support adoption.

article thumbnail

Delays Stoke Doubt Over UK Green Finance Policies

Chris Hall

COP27 deadline for Green Finance Strategy likely to be missed, as investors await details on sustainable investment framework. According to some experts, the UK’s COP26 presidency, which ends in November, risks losing momentum if the UK is no longer seen as a global leader on measures to mitigate climate change.

article thumbnail

Call for Investors to Tackle Timber, Pulp Inertia

Chris Hall

Customers and investors should exert greater influence over the tropical timber and pulp sectors, sustainable investment experts have said, in light of leading sector firms’ failure to reduce and report their exposure to deforestation risks. in 2019 to 24.1% in 2019 to 14.3%