Regulation

Follow up to our recent update series of EU Sustainable Finance Action Plan webinars.

A stakeholder value-led overhaul of company laws is explored by European Commission.

Body seeks signatory input for Stewardship 2.0 project

Latest guidance from the Institute and Faculty of Actuaries

As the FT noted in a recent editorial: “The depressing reality about climate change is that we could solve the problem, at manageable cost, but are failing to do so. This failure is due to a mixture of blindness and self-deception.” Could the Green New Deal be a wake up call for North American investors? Join us for a debate on how North American investors are assessing and responding to the ambitious scale of the GND and the global energy transition. The Green New Deal is full of implications for investors - the plan would require massive investments and the leveraging of new funding for communities affected by climate change; the repairing and upgrading of crumbling infrastructure to withstand extreme weather and ensuring all legislation related to infrastructure address climate change; and a shift in capital away from fossil fuels into renewable power sources; investment in new manufacturing and industrial capacity to spur growth; and the build out of distributed power grids to provide affordable electricity across the continent. This webinar will consider implications of the Green New Deal for North America’s largest investors, and the risks and opportunities of a strategic approach to climate finance at the continental scale. Speakers: Daniel A. Zarrilli, OneNYC Director and Chief Climate Policy Advisor, NYC Office of the Mayor Lauren Faber O’Connor, Chief Sustainability Officer, Office of Los Angeles Mayor Eric Garcetti Tanya Müller García, President, Commission for Environment and Energy, International Chamber of Commerce Mexico; former Secretary of Environment, Mexico City Moderator: Paul Verney, Journalist, Responsible Investor

Civil society warns EU taxonomy could be lost to ‘army of lobbyists’

Launch of new products precede EU-wide implementation of climate benchmarks categories

Busy weeks ahead for policymakers with progress on MIFID, ESG data, ‘fitness check’ and fiduciary duties

The latest developments on the EU Action Plan: Part 4 This summer, the EU’s Technical Expert Group on Sustainable Finance (TEG) gathered market feedback on its plans for a green taxonomy, green bond standards and low-carbon benchmarks. To discuss the response and provide an update on the three initiatives – as well as the other parts of the Action Plan – RI will be joined by leaders from the TEG and the European Commission for a four-part webinar series. The reports from TEG have taken centre stage over the summer, but there are lot of other moving parts in the EU Action Plan on Sustainable Finance. Martin Spolc, Head of the Sustainable Finance and Fintech unit in the European Commission's Directorate General for Financial Services (DG FISMA) oversees the Action Plan, and will provide an update on other important developments. We encourage you to submit questions in advance, by emailing sophie@responsible-investor.com. Questions can be asked anonymously, if requested.

Responsible Investor’s latest instalment of The EU Action Plan: What Matters To Me