The United Kingdom’s Financial Conduct Authority (FCA) has issued proposed rules to establish a U.K. sustainability disclosure regime (SDR) providing a U.K. take on a topic many investment managers have been dealing with in...more
11/8/2022
/ Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Financial Services Industry ,
Greenwashing ,
Investment Management ,
Proposed Rules ,
Securities and Exchange Commission (SEC) ,
SFDR ,
Sustainability ,
UK
The High Court of England and Wales (the “High Court”) recently ruled1 that the U.K. government’s Net Zero Strategy (NZS) breached the detail and reporting requirements of the Climate Change Act 2008 (“CCA 2008”). In this...more
As we noted previously, against the backdrop of the European Green Deal and related sustainable finance initiatives, environmental, social and governance (ESG) factors are increasingly being incorporated into loan and...more
Almost a year ago, we reflected on the outcome of the 26th meeting of the Conference of the Parties to the U.N. Framework Convention on Climate Change (UNFCCC), or “COP 26”. COP 26 brought 120 world leaders together to...more
In view of the upcoming July 29 deadline to the International Sustainability Standards Board’s (ISSB) consultation period for its proposed sustainability disclosure standards, Akin Gump would like to remind readers of the...more
In April 2022, the Financial Conduct Authority (the FCA) issued its final policy statement on diversity and inclusion (D&I) requirements for premium and standard listed issuers with the object of increasing transparency for...more
Ahead of The Companies (Strategic Report) (Climate-related Financial Disclosure) Regulations 2022 (the “Regulations”) taking effect on April 6, 2022, the U.K. Department for Business, Energy & Industrial Strategy (BEIS)...more
On February 23, the European Commission (the “Commission”) proposed a Directive intended to extend the standards of due diligence performed by large companies with business operations in the European Union (EU) (the...more
As we reflect on the 2021 United Nations Climate Change Conference (COP26), it would be remiss not to note that the United Kingdom government announced its intention for the U.K. to be the world’s “first net zero-aligned...more
As we previewed before the 26th meeting of the Conference of the Parties of the U.N. Framework Convention on Climate Change (COP26, or the “Conference”), ongoing international discussions have produced notable initiatives to...more
11/8/2021
/ Agricultural Sector ,
Banking Sector ,
Biodiversity ,
Climate Change ,
COP ,
Energy Sector ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
Financial Institutions ,
Supply Chain ,
United Nations
In connection with implementing the European Green Deal and its efforts to become the first climate-neutral continent, the European Commission announced on Wednesday, July 14 an ambitious package of proposals aimed at further...more