Alex Janiaud

EU, Industrials
February 22, 2023

EU approves subsidies for ArcelorMittal’s ‘two-speed decarbonisation’

The decision to help the steelmaker to build green hydrogen-powered plants in Europe while it maintains coal-reliant production elsewhere has drawn criticism. The European Commission...
Read more
Financials, UK
February 22, 2023

UK parliament weighs adding climate assessment to banking regulator’s duties

The Prudential Regulation Authority would be asked to consider the impact of climate change on financial stability, and review institutions’ exposure to fossil fuels, under...
Read more
Policy & Regulation
February 21, 2023

ISSB confirms sustainability disclosure standards effective from January 2024

ISSB references European Sustainability Reporting Standards in S1 as a source of guidance, and says standards build on ‘existing market-accepted framework’. The International Sustainability Standards...
Read more
Policy & Regulation
February 20, 2023

Explainer: Article 9 and its reputational risk for asset managers

Recent downgrades of SFDR Article 9 funds have left market participants in limbo while regulators contemplate further enforcement measures to counter greenwashing practices. Article 9...
Read more
Policy & Regulation
February 20, 2023

BlackRock CEO pinpoints Scope 3 ‘structural problem’

BlackRock's chief executive Larry Fink has said that the presence of private companies in supply chains creates a "structural problem" for businesses looking to report...
Read more
Policy & Regulation
February 20, 2023

Fewer than 5% of European companies ‘transition-ready’ for Paris 1.5C goal

Research shows European companies are not sufficiently advanced with their climate transition plans. The vast majority of European companies have not demonstrated progress required to...
Read more

Continue reading

Finance
February 16, 2023

Barclays tightens policy on oil sands and coal financing

The UK bank will stop financing oil sands exploration following years of pressure from activists and investors, but has no new oil and gas policy. Barclays has said that it...
Read more
Policy & Regulation
February 16, 2023

EU looks to fine three member states over failure to incorporate climate directive

The European Commission has referred Croatia, Hungary and Portugal to the Court of Justice of the European Union. The European Commission has asked to impose financial penalties on Croatia, Hungary...
Read more
Policy & Regulation
February 15, 2023

EU tightens definition of renewable hydrogen

New rules seek to provide regulatory certainty to investors but have raised questions over the treatment of nuclear power as a suitable energy source to produce renewable hydrogen. The European...
Read more
Finance, Policy & Regulation
February 14, 2023

French regulator seeks minimum criteria for SFDR funds

The Autorité des Marchés Financiers has called for a review of the EU Sustainable Finance Disclosure Regulation. The Autorité des Marchés Financiers, the French financial market regulator, has said it...
Read more
Policy & Regulation
February 14, 2023

ESG biggest regulatory pressure on financial firms, says study

Research by consultancy KPMG has found regulatory expectations on ESG pose greater pressure on financial companies than capital and liquidity rules. Expectations around environmental, social and governance factors were the...
Read more