In 2024, shareholder proposals on ESG and anti-ESG issues soared to record numbers, reaching 998 among Russell 3000 companies, surpassing 2023’s total of 947. Despite the increase, support remains inconsistent,...
Market Dynamics Driving ESG Evolution Market forces, including shifting ESG regulations, U.S. anti-ESG sentiment, and increasing competition among ESG service providers, are reshaping asset managers and rating agencies’ ESG integration....
The European Securities and Markets Authority (ESMA) has published an Opinion on enhancing the Sustainable Finance Regulatory Framework, highlighting potential long-term improvements. Current Framework ESMA recognizes the robust development of...
The EU has introduced a comprehensive law aimed at enhancing the sustainability of products in the market. The new Ecodesign for Sustainable Products Regulation expands on the existing Ecodesign Directive,...
The International Energy Agency (IEA) has established a Global Commission on People-Centred Clean Energy Transitions to design and implement policies that create a fair and affordable energy system. This initiative...
BlackRock Inc., the world’s largest asset manager, updated its decarbonization investment guidelines on July 2, allocating $150 billion for funds screened for energy transition risks and opportunities. Though based in...
The SEC, in collaboration with CFA Institute and CFA Society Thailand, hosted a training seminar to advance the integration of ESG (Environmental, Social, and Governance) factors into securities analysis and...
EU Imposes Provisional Duties on Chinese BEVs The European Commission has imposed provisional countervailing duties on battery electric vehicle (BEV) imports from China, nine months after initiating an anti-subsidy investigation....
In recent years, leaders in climate-vulnerable countries have reinforced the call for urgent climate action: earlier this year through the Bridgetown Initiative 3.0 and the Vulnerable 20 (V20) Ministerial Dialogue...
ISO is developing its first international standard on net zero to provide clarity and robust requirements for the global net zero transition. Expected to launch at COP30 in November 2025,...
It seems that the International Sustainability Standards Board (ISSB) makes a new announcement about ‘harmonizing’ corporate sustainability reporting every other week. This week, there was an update on the strengthening...
Canada has amended the Competition Act to address greenwashing, imposing strict requirements for substantiating environmental claims. Businesses face substantial penalties and increased litigation risks if found non-compliant. Urgent review of...
Denmark is set to become the first country to impose a CO2 tax on agricultural emissions, targeting livestock. This groundbreaking policy, achieved through extensive negotiations among various stakeholders, aims to...
The Principles for Responsible Investment (PRI) has launched Spring, a stewardship initiative backed by over 200 investors managing $15 trillion in assets. The initiative focuses on reducing the financial risks...
At the IFRS Foundation Conference coinciding with London Climate Action Week—ISSB Chair Emmanuel Faber will announce further harmonisation of the sustainability reporting landscape, as the International Sustainability Standards Board (ISSB) embarks on...
Rules provide clarity and certainty for prevailing wage and apprenticeship requirements in the Inflation Reduction Act and ensure clean energy jobs are good paying jobs. The U.S. Department of the...
Key Points: A majority of U.S. voters support key climate policies, according to recent research by the Yale Program on Climate Change Communication and the Center for Climate Change Communication...
Key Impact Points: Green Claims Directive: Council Moves ForwardThe Council has adopted its stance on the green claims directive, aiming to combat greenwashing and empower consumers to make informed, eco-friendly...
The Council formally adopted the – first of its kind – regulation on nature restoration. This law aims to put measures in place to restore at least 20% of the...
The World Business Council for Sustainable Development (WBCSD) recognized a critical gap between companies’ sustainability commitments and their policy engagement strategies. A recent InfluenceMap report found that 58% of the...