On April 23, the Financial Conduct Authority (FCA) published a new webpage on its strategic approach to climate change and sustainable finance.
The FCA explains it will continue to broaden and deepen its sustainable finance strategy, which is based on the themes of transparency, trust, and tools, as set out in its previous feedback statement (FS19/6).
Continue Reading FCA Webpage on Climate Change and Sustainable Finance
On June 22, the Taxonomy Regulation was published in the Official Journal of the European Union and it will go into effect on July 12, 2020.
Continue Reading Taxonomy Regulation Published in the Official Journal of the EU
On June 10, the European Commission published a set of FAQs in relation to its work and that of the EU Technical Expert Group (TEG) on sustainable finance on EU Taxonomy and the EU green bond standard (the FAQs).
The FAQs are available here.
On May 11, the International Capital Market Association’s (ICMA) Sustainable Finance Committee published a report setting out its proposed high-level definitions for the most frequently used terminology in the sustainable finance sector (the Report).
Continue Reading ICMA Publishes a Report on Definitions for Sustainable Finance
On April 16, the Council of the EU (the Council) published a press release regarding a unified EU classification system to encourage private investment in sustainable growth and contribute to a climate-neutral economy (the Press Release).
Continue Reading ESG: EU Council Adopts Taxonomy Regulation
On April 14, the International Organization of Securities Commissions (IOSCO) published a final report on sustainable finance and the role of securities regulators and IOSCO (the Report).
In the Report, IOSCO provides an overview of the current sustainable finance initiatives taken by regulators and the industry. The Report also includes a detailed analysis of the most relevant environmental, social and governance related international initiatives, and third-party frameworks and standards.
Continue Reading ESG: IOSCO Publishes Report on Sustainable Finance and the Role of Securities Regulators and IOSCO
On April 8, the European Commission (Commission) published a consultation on its renewed sustainable finance strategy (the Consultation).
Continue Reading European Commission Published Consultation on Renewed Sustainable Finance Strategy
On February 6, the European Securities and Markets Authority (ESMA) published its Strategy on Sustainable Finance (the Strategy). This continues work initiated by the European Commission (the Commission) concerning sustainable finance and the incorporation of environmental, social and governance (ESG) factors into European financial services (for more information, please see the January 10 edition of Corporate & Financial Weekly Digest).
Continue Reading ESG: ESMA Publishes Strategy on Sustainable Finance
On January 16, the House of Lords European Union Committee published a letter from the Chair, Lord Kinnoull, to John Glen, Economic Secretary to Her Majesty’s Treasury (the Letter). The Letter concerns the recently published Taxonomy Regulation (for more information please see the January 10 edition of Corporate & Financial Weekly Digest).
Continue Reading ESG and Sustainable Investments: House of Lords EU Committee Queries Taxonomy Regulation With HMT
