On 27 March, the United States Securities and Exchange Commission (SEC) voted to withdraw its defence of the Climate-Related Disclosures Rule, leaving the future of mandatory climate risk reporting for US issuers in limbo.
As anticipated, the Securities and Exchange Commission (SEC) took steps to pause its climate disclosure rule, originally adopted in March 2024.
Recent guidance published by the IFRS Foundation seeks to help companies navigating climate-first reporting under the International Sustainability Standards Board (ISSB) Standards.
The Financial Stability Board (FSB) has released a new analytical framework and toolkit for assessing climate-related vulnerabilities in the financial system. As climate shocks become more frequent, concerns are growing over their potential to destabilise financial institutions and disrupt financial services.
The Government of Canada has continued its multi-year push toward ESG reporting by announcing mandatory climate-related financial disclosures for large, federally incorporated private companies.
As carbon pricing schemes expand, their growing presence is poised to reshape financial reporting, with dwindling free carbon allowances set to bring these programmes into sharper focus on company balance sheets.
The Basel Committee on Banking Supervision (BCBS) has published an updated version of its Core Principles for Effective Banking Supervision – the first update in 14 years. The new Core Principles address emerging supervisory challenges, regulatory developments, and risk mitigation, including those related to digitalisation and climate change.
This Wednesday the US Securities and Exchange Commission (SEC) voted (3 to 2) in favour of the long-awaited and domestically controversial Climate Related Disclosures for Investors rule. The new rule introduces enhanced, standardised, Inline XBRL reporting for various aspects of climate risk, designed to improve investor access to information.
Digital climate disclosures are coming to Switzerland. Xenia Karametaxas, Sustainable Finance Policy Advisor to the Swiss State Secretariat for International Finance, spoke to independent analyst and investor Christian Dreyer CFA on Monday 16 October at Data Amplified 2023.
The International Sustainability Standards Board (ISSB) made a number of key decisions at its October meeting, confirming and clarifying aspects of its proposed sustainability-related disclosure standards.
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