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SBTi doubles corporate climate validations in one year as scale up gathers pace

The number of companies and financial institutions setting greenhouse gas (GHG) reduction targets validated by the Science Based Targets initiative (SBTi) doubled to 4,204...

New GRI Biodiversity Standard available for use by companies around the world

As nature faces unprecedented pressures, with human activity the leading cause for one million animal and plant species being pushed to the brink of...

IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions

IFRS Foundation and GRI publish summary of interoperability considerations for GHG emissions. The Global Reporting Initiative and the IFRS Foundation have today jointly published a...

Standard Bank closes USD 400 million Sustainability-Linked Loan

The Standard Bank of South Africa Limited (“Standard Bank”) has successfully signed a USD 400 million sustainability-linked syndicated term loan. The facility, co-ordinated by...

Corporate due diligence rules agreed to safeguard human rights and environment

· Applies to EU and non-EU companies with a turnover over 150 million euro and smaller companies in sectors such as manufacture of textiles,...

MAS Publishes Code of Conduct for Providers of Environmental, Social, and Governance (“ESG”) Rating and Data Products

The Monetary Authority of Singapore (MAS) today published its finalised Code of Conduct for ESG Rating and Data Product Providers (“CoC”) and an accompanying...

The Implementation of Climate-related Disclosures by HKEX Has Been Postponed from 2024 to 2025

HKEX announced last Friday that the decision to postpone the implementation of the Listing Rule amendments by HKEX was influenced by the exposure draft...

EFRAG-GRI JOINT STATEMENT OF INTEROPERABILITY

GRI and EFRAG are pleased to confirm that they have achieved a high level of interoperability between their respective standards in relation to impact...

Three Quarter of US Investors Considers ESG in M&A

Lack of robust data, inadequate understanding of what ESG due diligence means, and difficulty in selecting a meaningful scope cited as top challenges...

FSB outlines next steps on climate roadmap, following the finalisation of the global sustainability disclosure standards

The FSB welcomes the publication of the ISSB’s final standards, which will serve as a global framework for sustainability disclosures. Responsibility for monitoring...

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