Tag: environmental
Navigating CSRD compliance: Mastering the gap analysis process
The Corporate Sustainability Reporting Directive (CSRD) represents a significant shift in corporate governance, requiring over 50,000 companies to disclose their sustainability practices transparently. This initiative aims to integrate sustainability into the strategic core of businesses, enhancing transparency across the European Union.
FCA sets new standards with anti-greenwashing rules
The Financial Conduct Authority (FCA) is enhancing its support for the FinTech industry by confirming new anti-greenwashing guidance ahead of its enforcement starting 31 May.
US regulatory priorities in 2023 & the coming years
In recent years, United States financial regulators have established themselves as global leaders in enforcement. In 2022, they imposed $3bn in fines, nearly three quarters of the world’s $4.2bn total. 2023 continued this trend, with US financial institutions paying 83% ($157.26m) of total penalty dollars, a stark contrast to their 10% share in global regulatory violations.
Boosting corporate sustainability: Essential guide for executive engagement
In an era where corporate sustainability is no longer a choice but a necessity, it is crucial to secure top-level buy-in from executives and directors. This pivotal step ensures that sustainability is not just a fleeting topic, but a permanent fixture in corporate agendas. Understanding the significance of this, a comprehensive guide has been developed to assist sustainability professionals in navigating this challenge.
Financial consortium calls for new social, environmental reporting rules for banks
A financial group has called for the adoption of impact-reporting standards that account for social and environmental factors to speed up a sustainable transition for banks.
Clausematch, Department for International Trade underline RegTech role in ESG
Regulatory technology firm Clausematch and the UK Department for International Trade (DIT) have compiled an article on the role of environmental, social and governance (ESG) in RegTech.
Biodiversity tool unveiled to help FIs manage extinction, ecological risk
A biodiversity module has been introduced to help financial institutions (FIs) explore to what extent their portfolios may impact species extinction and ecological integrity....
EBA, EIOPA and ESMA to hold public hearing on proposed environmental,...
Three European Supervisory Authorities are looking to update the standards under the EU Regulation on sustainability-related disclosures in the financial services sector (SFDR) and will host a public hearing about its proposals.
