ESG regulations around the world
A round-up of ESG legislation in Europe, the US and Asia Pacific
Oil and Gas
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War in Europe: ESG’s role in a multi-crisis reality
ESG Clarity’s Christine Dawson reflects on the Russian invasion of Ukraine and how the crisis affects ESG investors
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HSBC plans 34% emissions cut to oil and gas finance by 2030
However, bank comes under fire for loopholes in its climate targets
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BP pledges net zero for Scope 3 emissions by 2050
Company sticking with oil while targeting 50% of capital expenditure in transition growth businesses by 2030
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European banks funnel $400bn into oil and gas expansion
ShareAction report says this financing is also detrimental to banks’ investors
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BP pledges net zero for Scope 3 emissions by 2050
Company sticking with oil while targeting 50% of capital expenditure in transition growth businesses by 2030
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NY pension drops 21 holdings in sustainability review
The shale oil and gas companies ‘failed to demonstrate they are prepared for the transition to a low-carbon economy’
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Fossil fuel windfall has no part in a just transition
There needs to be a penalty for the industry that has been the greatest sole contributor to climate change
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Tough decisions: Finding the middle ground with the EU taxonomy
Refinitiv’s Detlef Glow says the market will end up making the decision for regulators
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‘No dishonesty’ in green label for gas and nuclear
Those preparing to legally challenge taxonomy say it now breaks its own rules
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Two-thirds of investors would sell a fund if they suspected greenwashing
Survey finds a lack of investor confidence in ESG and ethical labels
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Investors warned using gas and nuclear is ‘greenwashing’ despite EU taxonomy guidelines
UK lawmakers encouraged to learn from furore and exclude polluting energy sources from its own labelling system