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Investor Groups Raise Concerns Over European Sustainability Reporting Standards

On July 31, 2023, the European Commission adopted the long-anticipated European Sustainability Reporting Standards (ESRS) for use by all companies subject to the Corporate Sustainability Reporting Directive (CSRD). The...more

MPs Call on the UK Government to Accelerate ESG Efforts

On April 25, the UK All-Party Parliamentary Group on ESG (APPG) published a report on environmental, social and governance issues. All-Party Parliamentary Groups are informal groups of Members of the House of Commons and...more

ECB Issues First Reports on Climate Impact of Portfolios

The European Central Bank (ECB) has published its first climate-related financial disclosures. The disclosures provide information on ECB portfolios, including detailing their carbon footprints and exposure to climate risks,...more

Report on Greenwashing in the Food Sector Highlights Consumer-Focused Regulatory Activity on Climate Claims

A report released by Dutch environmental advocacy group Changing Markets Foundation has highlighted alleged “greenwashing” in the UK and German food sectors, including via claims such as ‘carbon neutral,’ ‘climate positive,’...more

Greenwashing: Switzerland to Establish Narrower Definition for Sustainable Investments

The Swiss Federal Council has published a position paper on the “prevention of greenwashing in the financial sector.” The Federal Council is composed of seven members—each a head of a government department—who, collectively,...more

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