FCA director highlights areas of concern in relation to ESG reporting and provides recommendations.
Richard Monks, Director of Strategy at the UK Financial Conduct Authority (FCA), recently delivered a speech on the...more
The UK Government presents initiatives designed to green the UK economy and bolster attractiveness as an international financial centre.
On 9 November 2020, Rishi Sunak, Chancellor of the Exchequer, announced several...more
11/11/2020
/ Climate Change ,
Corporate Governance ,
Disclosure Requirements ,
Environmental Policies ,
Financial Instruments ,
Financial Services Industry ,
Green Bonds ,
Green Finance ,
Popular ,
Task Force on Climate-related Financial Disclosures (TCFD) ,
Transitional Arrangements ,
UK ,
UK Brexit
Welcome to the inaugural issue of the EU Regulatory & Antitrust Monitoring on Sustainability newsletter. The September issue features six key takeaways from the past month to which companies and investors operating in the EU...more
The delay may complicate the regulatory landscape for sustainable finance as the EU moves toward a standardized classification system.
The UK government (government) has delayed a decision on whether it will adopt the...more
The transition from EP3 to EP4, now postponed to October 1, 2020, will significantly impact projects in the United States and other high-income Designated Countries.
The Equator Principles (EPs) were recently updated and...more
How can deal teams capitalise on the latest trend in the deal insurance market to improve bid success?
The emergence of contingent risk insurance policies, which address known risks that would otherwise be excluded from...more
Sustainable finance and its surrounding infrastructure offers growing potential for deals and green innovation.
The global sustainable finance market has expanded rapidly in recent years, approaching US$320 billion in new...more
12/9/2019
/ Acquisitions ,
Asset Management ,
Climate Change ,
Corporate Governance ,
Corporate Social Responsibility ,
Debt Market ,
Environmental Social & Governance (ESG) ,
EU ,
Green Bonds ,
Green Finance ,
Investment ,
Mergers ,
Private Equity ,
Private Equity Funds ,
Publicly-Traded Companies ,
Sustainability ,
UK ,
United Nations
The revised Code is likely to encourage a more robust and substantive review of ESG issues by institutional investors.
Background -
The UK Stewardship Code (the Code) was originally published in 2010 following a review...more
The Environmental Liability Directive (ELD) aims to prevent, remedy and/or compensate for environmental damage. ELD seeks to achieve this through the “polluter pays principle”, ensuring businesses are held legally and...more
In August 2015, the French government amended the French Energy Transition Law to include provisions rendering “planned obsolescence” a misdemeanour. In the latest wording of the provisions, article L.441-2 of the Consumer...more
A new European Parliament briefing highlights the benefits of, and difficulties associated with, transitioning the chemicals industry to a circular economy.
The traditional economy typically involves purchasing and using a...more
Six Portuguese children are raising funds to sue 47 European countries, asserting that their right to life has been threatened because governments have allegedly failed to adequately deal with climate change.
With the...more
The first solar farm has successfully launched in the UK without government subsidisation. Clayhill Solar Farm, a 10 megawatt (MW) site near Flitwick in Bedfordshire, is capable of generating enough power for 2500 homes. ...more
The UK government has announced that it is bringing together a new taskforce led by senior financiers in order to encourage the growth of “green finance”. The taskforce, which will be chaired by Sir Roger Gifford, former lord...more
On 13 July 2017, Principles for Responsible Investment (PRI) launched guidance on incorporating environmental, social, and governance (ESG) provisions in private equity fund terms. The publication, Incorporating Responsible...more
The High Level Expert Group on sustainable finance (the Group), which the European Commission (the EC) established, published its interim report on 13 July 2017. The report sets out the key steps required to create a...more
On 8 July 2017, the G20 summit in Hamburg issued a Climate and Energy Action Plan for Growth (the Plan). The Plan reaffirms the commitment of the countries (excluding the United States (US) — which announced its intended...more
On 29 June 2017, the Task Force on Climate-related Financial Disclosure (TCFD) published its final recommendations. The TCFD set out information that companies should disclose to enable investors, lenders, and insurance...more
On 26 June 2017, the European Commission (the EC) published non-binding guidelines on the methodology for reporting non-financial information by certain large companies and groups (the Guidelines) as required by Article 2 of...more
On 16 June 2017, the Member State Committee (MSC) of the ECHA unanimously agreed to identify BPA as a substance of very high concern (SVHC) under the REACH regime. BPA is common in a variety of household products, typically...more
On 16 June 2017, the Bank of England (BoE) published an article setting out its response to climate change, explaining that climate change and society’s response to it presents certain financial risks. These risks arise...more
The European Commission has recently published plans to integrate sustainability considerations into decisions made by investors within the EU. More specifically, the EU is looking to spell out in legislation, that the...more
The public trust doctrine is the principle that certain natural and cultural assets are preserved for public use and that it is the government’s obligation to protect and regulate these, both now and for future generations....more
In a recent decision, the High Court has ruled that Unilever plc (Unilever), the ultimate holding company of the Unilever Group, does not owe a duty of care to protect the employees and residents of a tea plantation owned and...more
Leaders from around the world, including 20 heads of state, attended the Belt and Road Forum for International Cooperation in Beijing on March 14-15. The attendees at the forum agreed on guiding principles for the initiative,...more