The standards are part of a global initiative to consolidate sustainability disclosures to help investors assess the value of companies.
On 31 March 2022, the International Sustainability Standards Board (ISSB) released...more
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
India’s proposal includes accreditation requirements for ESG ratings providers and mandatory disclosure of providers’ data and information sources.
On 25 January 2022, the Securities and Exchange Board of India (SEBI)...more
The world’s largest asset manager stressed that sustainability issues will continue to be fundamental to companies’ long-term economic outlook.
On 17 January 2022, Larry Fink, the founder and chief executive of...more
Market participants can expect the initiative’s proposals to offer guidance on setting targets for emissions reduction and decarbonisation.
On 12 January 2021, the Science Based Targets initiative (SBTi) published its...more
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
1/12/2022
/ Board of Directors ,
Climate Change ,
Corporate Governance ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Glass Lewis ,
Greenhouse Gas Emissions ,
Institutional Shareholder Services (ISS) ,
Proxy Season ,
Proxy Voting Guidelines ,
Publicly-Traded Companies ,
Task Force on Climate-related Financial Disclosures (TCFD)
Dealmakers should continue to weigh the impact of ESG issues on M&A deals as ESG standards evolve.
Environmental, social, and governance (ESG) issues have become increasingly important for corporates in recent years,...more
1/11/2022
/ Acquisitions ,
Climate Change ,
Corporate Governance ,
Data Privacy ,
Diversity and Inclusion Standards (D&I) ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Green Finance ,
Human Rights ,
IFRS ,
Indemnification Clauses ,
Mergers ,
Modern Slavery Act ,
Private Equity ,
Reporting Requirements ,
Representations and Warranties ,
Supply Chain ,
Sustainability ,
UK
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
1/6/2022
/ China ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Diversity and Inclusion Standards (D&I) ,
Environmental Social & Governance (ESG) ,
Greenhouse Gas Emissions ,
Greenwashing ,
Publicly-Traded Companies ,
Risk Assessment ,
Risk Management ,
Securities and Exchange Commission (SEC) ,
Supply Chain ,
Task Force on Climate-related Financial Disclosures (TCFD)
Truly Green? CMA Continues to Evolve Guidance and Metrics for Companies’ Environmental Claims -
The Competition and Markets Authority’s (CMA’s) Green Claims Code (the Code) and final guidance (the Guidance) on...more
12/22/2021
/ Climate Change ,
Coronavirus/COVID-19 ,
Disclosure Requirements ,
EU ,
Green Marketing ,
Net Zero ,
New Guidance ,
Regulation Technical Standards (RTS) ,
Sustainability ,
Taxonomy ,
UK ,
UK Competition and Markets Authority (CMA)
The triggering of the CCM under the UK ETS and ongoing consultations under UK Reach signal speedbumps in the transition process.
On 30 November 2021, the UK government’s Department of Business, Energy and Industrial...more
12/16/2021
/ Cap-and-Trade ,
Climate Change ,
Consultation ,
Emissions Trading System ,
Environmental Policies ,
EU ,
EU ETS ,
Fuel Supply ,
Greenhouse Gas Emissions ,
Oil & Gas ,
Regulatory Agenda ,
Toxic Chemicals ,
UK ,
UK Brexit
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
11/30/2021
/ Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Financial Conduct Authority (FCA) ,
Information Reports ,
IOSCO ,
Jurisdiction ,
Market Participants ,
Publicly-Traded Companies ,
Ratings ,
Securities Regulation ,
UK
The Glasgow conference was praised as a huge step forward in tackling climate change, but also drew criticism for not going far enough.
Between 31 October and 12 November 2021, Glasgow hosted the 26th annual Conference...more
The SBTi’s standard aims to clarify the target for net zero emissions, whilst the Common Ground Taxonomy indicates China-EU cooperation on sustainable finance issues.
Last month, the Science Based Targets initiative...more
11/17/2021
/ China ,
Climate Change ,
Consultation ,
Environmental Social & Governance (ESG) ,
EU ,
Green Finance ,
Greenhouse Gas Emissions ,
Greenwashing ,
Net Zero ,
Sustainability ,
Sustainable Finance ,
Taxonomy ,
Working Groups
The government also introduced transition plan requirements for companies to meet the UK’s 2050 net zero target.
On 3 November 2021, the International Financial Reporting Standards (IFRS) Foundation Trustees Chair, Erkki...more
11/9/2021
/ Administrative Review Board ,
Climate Change ,
Corporate Governance ,
Environmental Policies ,
Environmental Social & Governance (ESG) ,
IFRS ,
International Regulatory Standards ,
Net Zero ,
Proposed Legislation ,
Public Policy ,
Sustainability ,
Sustainable Business Practices ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
The strategy sets out plans to reduce emissions from key sectors of the UK economy to ensure that the UK remains on track for net zero by 2050.
On 19 October 2021, the UK government published its climate change strategy,...more
10/25/2021
/ Carbon Emissions ,
Climate Change ,
Energy Sector ,
Environmental Policies ,
Fuel Supply ,
Greenhouse Gas Emissions ,
Hydrogen Power ,
Natural Resources ,
Net Zero ,
Paris Agreement ,
Real Estate Development ,
Transportation Industry ,
UK
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
10/22/2021
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Green Finance ,
Publicly-Traded Companies ,
Reporting Requirements ,
Sustainable Business Practices ,
Sustainable Finance ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
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
10/21/2021
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Social & Governance (ESG) ,
Green Finance ,
IFRS ,
Investors ,
Publicly-Traded Companies ,
Sustainability ,
Sustainable Business Practices ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
UK
What SEC commentary and the influence of existing frameworks could mean for mandatory climate disclosures in the US.
US Securities and Exchange Commission (SEC) Chair Gary Gensler has publicly stated that the SEC will...more
Green shoots emerge as PE firms consider new ways to incorporate ESG into dealmaking.
Market sentiment and the increasing importance of environmental, social, and governance (ESG) to firms’ competitiveness across the...more
10/7/2021
/ Climate Change ,
Consultation ,
Corporate Governance ,
Corporate Social Responsibility ,
Disclosure Requirements ,
Due Diligence ,
Environmental Social & Governance (ESG) ,
EU ,
Financial Conduct Authority (FCA) ,
Financial Reporting ,
General Partnerships ,
Limited Partnerships ,
Private Equity ,
Private Equity Funds ,
Publicly-Traded Companies ,
SFDR ,
Sustainable Business Practices ,
UK
The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities.
On 21 April 2021, one day prior to Earth Day and a US-led global...more
6/14/2021
/ AIFM ,
Carbon Emissions ,
Climate Change ,
Disclosure Requirements ,
Environmental Policies ,
EU ,
European Commission ,
Fiduciary Duty ,
Green Finance ,
Greenhouse Gas Emissions ,
MiFID ,
MiFID II ,
Net Zero ,
Reporting Requirements ,
Sustainability ,
UCITS
The report’s recommendations cover a number of areas, including culture and strategy, monitoring and reporting, investor engagement, policy formation and employee training, and philanthropy.
A new report from the UK...more
The transition from EP3 to EP4 has the potential to significantly impact new projects and expansions of existing projects financed by EPFIs in the United States and other high-income Designated Countries -
The Equator...more
Emerging companies have historically been backed by venture capital funds, but as Europe’s startup scene matures, involvement by more traditional private equity investors is growing, particularly in the tech, consumer, and...more
12/17/2020
/ Buyouts ,
Digital Health ,
Emerging Growth Companies ,
Emerging Technology Companies ,
Investors ,
Life Sciences ,
Private Equity ,
Private Equity Firms ,
Startups ,
Target Company ,
Technology Sector
Sponsors should consider leveraging technologies and diligence practices to tackle today’s increasingly complex supply chains.
Global supply chains have come under significant pressure in recent years, compounded by the...more
A series of recent developments has driven a rapid increase in sustainability-linked loan and bond issuances in a variety of jurisdictions and industries.
Background: Sustainability-Linked vs. Activity-Based -
The...more