SEC adopts new “greenwashing” names rule for funds

Here’s a note from Tim Mohin: It seems like each week brings a new ESG policy. Last week, we reported on California’s new climate disclosure bills, which are now certain to become law after Governor Newsom declared he would sign them. This week, the U.S. Securities and Exchange Commission (SEC) updated a rule aimed at…

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Task Force on Nature-Related Disclosures releases final standards

Here’s a note from David Carlin: Awesome to see the release of the final TNFD standards! These finalized standards build off the great legacy of the TCFD and are in dialogue with ongoing international efforts by the ISSB and national/regional regulation. It is a major step forward in our attempts to value and preserve nature.…

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CII calls for more “human capital” disclosures

In its comment letter to the ISSB, the Council for Institutional Investors picked human capital as a “highest priority,” asking for clear definitions of what should be disclosed within a well-developed framework to improve consistency and comparability of human capital disclosures….

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SFDR overhaul could be coming

Here’s the teaser from this Simpson Thacher memo: Earlier today, the European Commission published two linked consultations on the current performance and future shape of the EU’s Sustainable Finance Disclosure Regulation (SFDR). The “targeted consultation” is most relevant to asset managers and other users of the SFDR. The “public consultation” seeks more general feedback from…

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Over 90% of companies plan to increase spending on ESG data

Here’s an article from “ESG Today”: More than 90% of executives are expecting to meaningfully increase their spending this year on ESG data, including 18% who expect spending to grow by 50% or more, according to a new survey by business and financial markets information service provider Bloomberg and capital markets consulting and research firm…

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Policymakers need to face hard truths to achieve SDGs

Here’s a note from Bob Eccles: Today, Responsible Investor published a piece by me about financing the SDGs. My thanks to them and especially to Editor Lucy Fitzgeorge-Parker for doing so. This is an important topic and one to which we need to bring some hard-headed pragmatism. The 17 Sustainable Development Goals were adopted by…

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A graphic of carbon pricing around the world

Here’s a note from Lubomila Jordanova: Amazing visual showing carbon pricing around the world. What is carbon pricing? Carbon pricing is a policy approach designed to reduce greenhouse gas emissions, in particular reduction in carbon dioxide (CO2) emissions. The goal of carbon pricing is to internalise the environmental costs of emitting carbon dioxide and other…

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A reformation proposal to growth religion

Here’s an excerpt from this article from Sasja Beslik: Life-threatening periods of high heat and humidity will spread rapidly across the world with only a small increase in global temperatures, a study has found, which could cause a sharp acceleration in the number of deaths resulting from the climate crisis. The extremes, which can be…

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