Policy and Regulation
March 21, 2023
UK financial regulator demands improvements on ESG benchmarks
The FCA has told benchmark administrators that they are failing to correctly implement ESG benchmarks’ methodologies. The Financial Conduct Authority has written to ESG benchmark...
read more
March 21, 2023
Lack of finance is hindering climate change efforts, says IPCC
The authors of the UN body's latest report warn about greater near-term global warming risks and point to "insufficient and misaligned finance" as one of...
read more
March 20, 2023
Brussels Briefing: The EU’s Net Zero Industry Act
New policies aimed at creating a competitive European green industry include critical raw materials regulation and the establishment of a hydrogen bank, but have left...
read more
March 20, 2023
Policymakers tackle permitting bottlenecks in wind
Governments and policymakers in the UK and Europe have heeded the wind industry’s calls to reduce permitting bottlenecks, yet concerns persist over grid connections and...
read more
March 20, 2023
BoE to assess changes for capital frameworks on climate risk
The Bank of England will carry out more work on climate change and regulatory capital frameworks for banks and insurers. The Bank of England is...
read more
March 17, 2023
Will nuclear’s entry into UK taxonomy spur ESG fund investment?
The chancellor’s announcement that nuclear power will now be classified as “environmentally sustainable” could pave the way for some investment funds with an ESG focus...
read more
Continue reading
March 15, 2023
Why lack of CRO at Silicon Valley Bank should have rung alarm bells
News that the collapsed SVB did not have a chief risk officer for much of 2022 has raised questions about oversight at lower tier banks. The US Federal Reserve is...
Read more
March 15, 2023
EU parliament approves building renovation rules
The vote to improve the energy efficiency of buildings will require €275bn in new investments a year and has been supported by both industry and environmental groups. The European parliament...
Read more
March 15, 2023
Only 40% of companies report Scope 3 emissions, CDP says
Companies are struggling to report emissions linked to their supply chains, says the non-profit organisation. Just 41 per cent of companies that disclose to CDP are reporting their Scope 3...
Read more
March 15, 2023
EU electricity market reform strengthens support for renewables
European Commission plans for tackling the energy crisis and boosting renewables have been broadly welcomed for providing better certainty for the sector. Proposals made yesterday by the European Commission to...
Read more
March 15, 2023
Malaysian stock exchange to launch ESG-reporting platform
The platform, which has been developed by Bursa Malaysia and the London Stock Exchange Group, will help companies align their carbon emissions reporting with global standards such as the TCFD....
Read more