EU data repository begins receiving corporate sustainability disclosures
The European Securities and Markets Authority (ESMA) started receiving corporate sustainability data in July, launching the first phase…
ESG round-up: IIGCC calls for closer EU-UK interoperability on disclosures
The Institutional Investors Group on Climate Change has called for closer interoperability between the EU and UK’s sustainable finance…
Vanguard backs US climate reporting standards in SEC response
Vanguard has become the largest investor to speak out against the Securities and Exchange Commission’s plan to ditch…
EU steps back from taxonomy project with China and Singapore
The European Commission is no longer an active participant in the “continuation or expansion” of the Common Ground…
EFRAG to consult on reporting simplifications for non-EU companies
An upcoming consultation on sustainability reporting for non-EU companies will focus on solutions to avoid double reporting with…
EU weighing last-minute move to adopt ISSB sustainability standards
The EU’s sustainability reporting framework may be revamped to officially align with global standards from the International Sustainability…
EU member states suggest axing SFDR fossil fuel exclusions
A number of EU member states are in favour of removing fossil fuel exclusions from transition finance funds…
Market participants welcome ‘climate first’ approach to UK sustainability standards
Market participants have welcomed a proposed climate-first approach to implementing the UK’s sustainability reporting standards, although there are…
Parliament and member states thrash out deal
The European Commission’s pledge to slash compliance costs associated with sustainability rules inched a step closer towards implementation…
Parliament axes climate transition plan requirements in seismic vote
Regulatory requirements to develop climate transition plans could be removed from the EU’s due diligence rules following a…