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UK Government Consults on Sustainability Reporting Standards and Climate Transition Planning

On 25 June 2025, the UK government launched three consultations as part of London Climate Action Week, which are intended to form key parts of the government’s programme to make the UK the “sustainable finance capital of the...more

IFRS Foundation Reports Progress on Corporate Climate-Related Disclosures

Jurisdictions representing approximately 57% of global GDP have taken steps to incorporate ISSB standards into legal and regulatory frameworks. ...more

SGX RegCo to Incorporate IFRS Standards Into Mandatory Climate Reporting Rules

On 23 September 2024, the Singapore Exchange Regulation (SGX RegCo) announced that it will begin incorporating the IFRS Sustainability Disclosure Standards (IFRS Standards) issued by the International Sustainability Standards...more

China’s Ministry of Finance Publishes Corporate Sustainability Disclosure Standards

The Standards provide a framework for all Chinese companies’ sustainability disclosures and the applicability extends beyond listed companies. On May 27, 2024, China’s Ministry of Finance published the new Corporate...more

UK Government Update on Sustainability Disclosure Requirements Framework

On 16 May 2024, the government published updated guidance regarding the UK Sustainability Disclosure Requirements (SDR) framework. The SDR was first set out in Greening Finance: A Roadmap to Sustainable Investing in...more

Mandatory Climate Reporting in Singapore From FY2025

The Accounting and Corporate Regulatory Authority and Singapore Exchange Regulation have provided details of mandatory climate reporting for listed issuers and large non-listed companies. On 28 February 2024, the...more

Four Stock Exchanges Collaborate to Develop the ASEAN-Interconnected Sustainability Ecosystem

The stock exchanges of Malaysia, Indonesia, Thailand, and Singapore have partnered to advance sustainability in ASEAN through the development of an interregional ESG ecosystem. On February 15, 2024, Bursa Malaysia Berhad...more

TNFD Publishes Finalized Recommendations for Nature Related Disclosures

On September 18, 2023, the Taskforce on Nature-related Financial Disclosures (TNFD) published recommendations for organizations’ assessment, management, and disclosure of nature-related issues (the Recommendations). These...more

UK Announces Sustainability Disclosure Standards Based on the ISSB

The UK standards will aim to increase the comparability and value of reported information for investors. The UK government announced on 2 August 2023 that it will develop standards for company sustainability disclosures...more

ISSB Issues Global Sustainability Disclosure Standards

On June 26, 2023, the International Sustainability Standards Board (ISSB) released its first two standards for sustainability disclosures, which are designed to facilitate the disclosure of sustainability-related information...more

FCA Proposes New Labelling and Disclosure Rules to Combat Greenwashing in the UK

The FCA hopes the proposals will protect consumer trust in ESG-related financial products and help consumers navigate the increasingly complex ESG-related financial market. On 25 October 2022, the UK’s Financial Conduct...more

European Parliament and Council Reach Political Agreement on CSRD

The Corporate Sustainability Reporting Directive expands the existing sustainability reporting requirements and brings more companies under its scope. On 21 June 2022, the European Parliament and European Council reached...more

ISSB Announces Working Group and Forum to Coordinate with Country-Specific ESG Reporting Standards

The two new bodies are expected to help harmonise standards in different jurisdictions to meet investor demand for comparable ESG information. On 27 April 2022, the International Sustainability Standards Board (ISSB)...more

European Commission Proposes New Supply Chain Due Diligence Rules for Large Companies

In-scope companies would have to publicly identify “actual and potential” adverse impacts of their operations on the environment and/or human rights. On 23 February 2022, the European Commission (the Commission)...more

ISS, Glass Lewis Focus on ESG in 2022 Benchmark Proxy Voting Policies

The policies aim to provide crucial guidance to public companies amid the growing importance of ESG in proxy voting. In late 2021, Institutional Shareholder Services (ISS) and Glass, Lewis & Co (Glass Lewis), the two...more

ESG in 2022: 10 Things to Look Out For

Corporate reporting (including SEC developments), climate change,  energy transition, supply chain management, and the mitigation of ESG-related litigation risk are expected to be the leading ESG themes of this year. As...more

US House of Representatives Passes Uyghur Forced Labor Prevention Act

The House UFLPA aims to clamp down on the import to the US of items produced by alleged forced labor in the XUAR, while offering less guidance for importers than similar July 2021 Senate bill. On 8 December 2021, the US...more

IOSCO Calls for Oversight of ESG Ratings and Data Product Providers

The association noted that regulators could provide market participants with much-needed additional trust in ESG ratings and data. On 23 November 2021, the International Organization of Securities Commissions (IOSCO)...more

TCFD Releases New Guidance on Climate-Related Metrics, Targets, and Transition Plans

The guidance offers clarification on key aspects of the TCFD’s recommendations on climate reporting. On 14 October 2021, the Task Force on Climate-related Financial Disclosures (TCFD) released a new guidance document on...more

UK Government Releases Roadmap to Sustainable Investing

The roadmap introduces sustainability disclosure requirements for UK companies and reveals further developments in relation to a UK Green Taxonomy. On 18 October 2021, the UK government released a report titled “Greening...more

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