European Commission Pushes Back Implementation of SFDR Sustainable Investment Product Disclosures to 2023
The European Commission has decided to push back the implementation of disclosure requirements under the Sustainable Finance Disclosure Regulation (SFDR) related to sustainable investment products by financial market participant to January 2023, its second delay, resulting in application of the rules coming into place a year past the initially planned date.
More Than Half of S&P Global 1200 Now Disclose Using SASB Standards
The Value Reporting Foundation today announced that more than half of the companies in the S&P Global 1200 index, which captures approximately 70% of global market capitalization, use SASB Standards in their external communications to investors. This represents 608 unique SASB reporters of the 1201 unique companies within the index.
Closing the gap: G20 ambition levels and related impact on global temperature rise
New research underscores the critical role of G20 countries in limiting global temperature rise to 1.5°C and avoiding the most dangerous and costly climate impacts.
Climate change has reached a new pinnacle. “Nobody’s safe and it’s getting worse, faster,” said Inger Anderson of the UN.
Climate change has reached a new pinnacle. According to IPCC, "Nobody’s safe and it’s getting worse, faster,” said Inger Anderson, executive director of the UN Environment Programme, which established the climate change panel in 1988 in partnership with the World Meteorological Organization.
Gensler Says SEC Climate Risk Rules Will Be Proposed by Year End
The SEC will likely call for qualitative and quantitative disclosures to avoid green washing and provide greater clarity on climate risk.
SEC Chair says investors want mandatory disclosure on climate risk: Proposal expected by end of year
In a speech delivered on July 28, 2021, Gary Gensler, U.S. Securities and Exchange Commission (SEC) Chair, gave certain insights into the SEC’s approach to crafting new rules that would require SEC registrants to disclose information on climate-related risk.
