Regulation

Companies and financial institutions will need to comply with the new rules by January 2024.

Downgrades slowed to a trickle in Q1, but questions remain around re-upgrades and consistency of manager approaches.

US House committee announces attorney general hearing on ESG, $10trn coalition calls for more action on plastics.

Leaked text clarifies rules around grandfathering, but banks, investors warn that taxonomy usability will hamper uptake.

APPG ESG also calls for UK government to launch streamlined ESG strategy for clarity in new report.

Work on climate change does not mean central banks are wading into politics, Villeroy argues in London speech.

The latest developments in sustainable finance: Korean FSC to reform remuneration system; IOSCO welcomes IAASB’s early consultation on sustainability assurance standard.

Influential proxy advisor believes disclosure on controversial issue puts drinks giant at risk, despite support for similar request last year.

European Parliament committee votes in favour of directive, which also sets out details on investor due diligence measures and director responsibilities on transition plans.

Australia's treasurer has announced the government will co-fund ASFI’s framework and introduce a green sovereign bond programme, with a first issuance expected next year.