CCLA’s Dame Sara Thornton: Forced labour is ‘a feature of the system’ in the UK
Weak legislation has turned the UK into ‘a dumping ground’ for slavery-linked goods and services
European Union
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Open letter calls on EU to boost investment plan for green transition
Almost 50 businesses and associations are calling for Commissioner Delegates to prioritise the net-zero transition
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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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MSCI: Emerging market firms shut out of sustainable portfolios by SFDR rules
Failing to meet ‘do not significant harm’ criteria
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EEA urges more private investment to support green deal
Agency has calculated investment of €520bn a year is needed until 2030
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EU financial regulators define greenwashing and risk areas
The supervision bodies also describe how greenwashing can happen in practice
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Climate litigation predicted to increase
LSE says just transition and social climate plans could attract legal battles and finance firms may be under fire
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EU due diligence law ‘light touch’ on financial sector
Financial companies will have to carry out environmental and human rights due diligence
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Sustainable Euro corporate bonds see strong inflows
Despite lacklustre performance and lower issuance levels in 2022
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Carbon markets: Investing in the future
The role of carbon markets is set to increase as governments step up efforts to hold heavy emitters accountable for the damage they cause to the planet
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Ex-UK anti-slavery commissioner joins CCLA
Dame Sara Thornton to be a modern slavery consultant, while Dr Martin Buttle becomes lead of the ‘better work’ initiative