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RI is tracking the jurisdictions adopting the ISSB standards, implementation deadlines and assurance requirements.
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Large firms aim to have fund labels ready for start of new regime, but are grappling with definition challenges and a separate looming greenwashing deadline.
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The proposals give the option of voluntary compliance for smaller firms.
Diverse hands holding up pieces of a puzzle
The stakeholder group has divided itself into three working groups covering employees, end-users, and supply chains to tackle the project.
Pharma giant Bayer breaks with own industry association to call for law to be passed as politicians battle over German position in key vote.
European Union flags
The EU's due diligence directive will empower governments, stakeholders and investors to hold companies accountable, say Rebecca DeWinter-Schmitt and Richard Gardiner.
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Market welcomes clarification around sustainability issues from the independent Financial Markets Law Committee.
'Lighter, temporary and optional registration regime' for smaller providers, but stricter aggregation rules absent from final text.
The latest developments in sustainable finance: Nigeria launches consultation on ISSB standards; BoA removes explicit mentions of bans on financing coal and Arctic drilling.
Flags of the European Union and France flying in the wind
Regulator proposes 'non-financial filters' label with SRI criteria as other national supervisors back introduction of new category system.
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