Regulation

The Australian Accounting Standards Board has proposed three reporting standards based on the ISSB’s two sustainability disclosure standards.

RI speaks to investors and the EU’s financial watchdog ESMA on how managers are grappling to find definitions that are both investible and credible.

EU watchdog confirms efforts are still underway and that ongoing revision to existing EU directive could provide another route to address misleading fund names.

The latest developments in sustainable finance: UK calls for evidence on Scope 3 reporting; BKC releases draft model for measuring investor engagement influence.

The latest ESG movers and shakers: Citi appoints LatAm head of sustainability and ESG; RLAM hiring climate strategist.

Attention will turn to banks, credit ratings agencies and regulators to ensure climate risks are accounted for.

Shareholder agreements on climate-related voting or joint lobbying for corporate changes 'unlikely to infringe competition law', says the CMA.

The latest developments in sustainable finance: ESRS sector standards expected to be delayed; Very few companies disclose against all TCFD indicators.

The group's head of EU policy calls for more detail on enforcement, warns about lack of DNSH requirements, taxonomy alignment at conference.

Pressure is building on the European Commission to act on social investments.