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-80x80.jpg "GHG Protocol told to step in on facilitated emissions reporting")
The topic has drawn attention from regulators following the release of PCAF’s voluntary standard.
Legal affairs committee vote paves way for due diligence directive to move on to a full plenary vote next month.
The minimum capital requirements for banks are also being reviewed for climate additions.
Future of due diligence directive much brighter after 'watershed moment', although the text has been watered down further.
Market participants asked whether relief reporting on Scope 3 and disclosures beyond climate-related risks and opportunities should be introduced.
ERAFP recommends voting against auditors if CSRD assurance is lacking in detail to "emphasise the importance of verifying this data".
Proposed regulatory changes would negatively impact asset managers who depend on benchmark provider data to meet SFDR requirements.
The latest setback comes after last week’s unsuccessful vote and efforts to ease corporate burdens.
NYC State Comptroller DiNapoli files DE&I shareholder proposals; BNP Paribas AM to raise women on boards threshold to 40% for portfolio companies.
Diandra Soobiah talks to RI about her experiences as a woman of colour in the investment industry, Nest's DE&I policies, and the role of regulation.