FCA called to investigate greenwashing at UK high street banks
In light of the FCA’s new anti-greenwashing rule and guidance
Regulation
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Asset managers still grappling with communications as anti-greenwashing deadline looms
UKSIF and PwC report flags concerns around SDR definitions, increasing regional divergence and threshold clarity ahead of first deadline
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Election provides opportunity to address ‘unresolved tension’ between energy security and net zero
Sustainable investors want a government strategy that responds to US Inflation Reduction Act
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120 investors sign PRI statement calling for ISSB adoption
Over 40% of global listed companies do not disclose their operational carbon emissions
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UKSIF and IA publish guidance for SDR consumer-facing disclosures
Investors should include information such as labels as well as sustainability objectives and metrics
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Pressure mounts on UK government to accelerate net-zero plans with asset manager campaign
IIGCC, with members representing $65trn, have called on policymakers to move ahead with legislation in five key areas
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ESMA finalises labelling rules for sustainable funds
Sustainable investment commentators criticise adjustments to thresholds
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Sustainability labels: Challenges for portfolio managers
From passing on costs of implementation to investors, to meeting the 70% threshold, portfolio managers have a lot to consider
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UK government’s ‘humiliating embarrassment’ after High Court ruling
High Court ruled the government’s Carbon Budget Delivery Plan ‘not credible’
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Green taxonomies are a study aid not a pass mark
Victory Hill’s Fraser-Smith explains why taxonomies are a powerful tool but no magic bullet
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European Parliament approves CSDDD in ‘major political breakthrough’
‘A crucial step to holding companies accountable for their negative impacts on people and the planet’
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Industry welcomes FCA’s anti-greenwashing guidance but will need to ‘rush’ to meet 31 May deadline
Some firms were hoping for a longer transition period, commentators say