This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
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.” ”
The Financial Conduct Authority (FCA) has published its much-anticipated consultation outlining measures to tackle greenwashing, including the introduction of three categories for sustainableinvestments. Rules relating to labelling and disclosure will come into effect from June 2024. .
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 sustainableinvestment objectives.
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
“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.
COP27 deadline for Green Finance Strategy likely to be missed, as investors await details on sustainableinvestment 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.
Customers and investors should exert greater influence over the tropical timber and pulp sectors, sustainableinvestment 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%
With the consultation periods for both the International Sustainability Standards Board’s (ISSB) climate and general sustainability standards and the European sustainability reporting standards (ESRSs) now closed, this explainer touches on the sticking points which will need to be smoothed out ahead of their being finalised later this year. .
On top of that, they will be creating plans to comply as soon as by the 2024 reporting cycle (e.g. As I wrote in my article , the many sustainability frameworks suck companies’ resources and confuse stakeholders. Among investors, sustainableinvesting is evolving from negative screening toward engaging with companies.
On top of that, the low price of oil and uncertainty about the future reduced the attractiveness for investing in energy efficiency or renewable energy or the demand for electric vehicles. Besides, the pandemic has postponed the momentum towards COP26 or climate change movements like Greta Thunberg’s Friday’s for future.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content