Tag: ESG

The UK is gearing up to introduce the Sustainability Disclosure Requirements (SDR) in 2024, marking a significant shift in the Environmental, Social, and Governance (ESG) regulatory landscape. This pioneering legislation is set to standardise how asset owners and managers communicate and market their sustainable investment products. Through a mix of anti-greenwashing rules, investment labelling, and disclosures, the SDR aims to assist investors in making informed choices about sustainable finance products and investments.

The Legal Affairs Committee of the European Parliament has greenlit a proposal suggesting a two-year delay for the full enactment of the Corporate Sustainable Reporting Directive (CSRD).

MioTech, a trailblazer in sustainability data and software in Asia, announced a significant milestone in its journey. The company, renowned for its innovative approach to climate tech, has successfully completed a new round of financing, solidifying its position in the market.

The ECB has found 90% of banks' loan portfolios are not aligned with global climate goals and the EU’s 2050 climate neutrality target.

SIX, a prominent financial information provider, has significantly enhanced its ESG and regulatory risk data services.

In a turn towards sustainable business practices, over half of business leaders are poised to escalate investments in sustainability this year.

The European Council has set a course for enhanced transparency in environmental, social, and governance (ESG) ratings, in a bid to promote greater investor confidence in sustainable products. 

Environmental, Social, and Governance (ESG) has become an important topic across business. It has become an increased priority, not only to meet customer demands, but also an increasingly complex regulatory environment. Regulators around the world are expanding the legal frameworks around ESG. The EU’s European Sustainability Reporting Standards (ESRS) is probably the ESG regulation at the top of the priority list for many, but there are several others on the horizon.

The EBA has recently initiated a consultation on proposed guidelines focused on ESG risk management in the banking sector.

Novata, a certified B Corp and industry-leading technology platform, has officially introduced the Novata Carbon Navigator.