'Lighter, temporary and optional registration regime' for smaller providers, but stricter aggregation rules absent from final text.
The proposed standards aim to combat greenwashing and foster greater trust in sustainability reporting and assurance.
Financial watchdog notes engagement policies can represent a 'strong commercial focus' of managers’ ESG approaches.
New guidance provides detail on the ESG disclosures and risk management systems that will be assessed under the EU’s prudential regime.
Part 4 of RI's Scope 3 Series: As companies face rising regulatory assurance requirements on emissions reporting, auditors highlight the challenges of assessing Scope 3 disclosures.
Financial institutions will only be required to conduct due diligence on their own operations but will have to implement 'robust' transition plans.
Members approve new governance structure for FNG Label at heated AGM but elections for new FNG board and other issues delayed until 2024.
An ECB paper has separately criticised banks for joining net-zero initiatives without a clear decarbonisation strategy.
Moves to roll back governance reforms introduced in the wake of the Car Wash scandal are bad news for Brazilian investors, says Fabio Coelho.
Investors have called on the influential proxy adviser to review its proposals to include climate considerations before it announces its final benchmark policy changes.