U.S. SEC waters down its climate reporting rule under legal threats

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By Eugene Ellmen, Corporate Knights Will Canada align itself with weaker U.S. standard, or will it go further and adopt full-scope climate reporting like Europe, California and China?   The sustainable investment industry in the United States has grudgingly endorsed a watered-down regulation on climate disclosure, acknowledging a barrage of lobbying …

New Rules Will Force U.S. Firms to Divulge Their Role in Warming the Planet

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By Evan Halper and Maxine Joselow, Washington Post The Securities and Exchange Commission votes 3-2 to require companies to disclose their emissions and the climate risks they face Corporations will have to share key details about their role in driving climate change and the threat that warming poses to their …

EY: Boards Must Embolden C Suites to Embed Sustainability

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Sustainable Brands The 2024 EY Europe Long-Term Value and Corporate Governance Survey finds just 24% of EU company leaders understand how ESG priorities will create value; Boards must step up and challenge cooling corporate commitment to sustainability. Focusing on sustainability in today’s operating environment is clearly challenging; and EY sees worrying signs …

US Regulator Drops Some Emissions Disclosure Requirements From Draft Climate Rules

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Chris Prentice, Isla Binnie, Jarret Renshaw, and Douglas Gillison, Reuters Feb 22 (Reuters) – The U.S. Securities and Exchange Commission (SEC) has removed some of its most ambitious greenhouse gas emission disclosure requirements from corporate climate risk rules it is preparing to adopt, people familiar with the matter said …

The Global 100 List: How the World’s Most Sustainable Corporations are Driving the Green Transition

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Shawn Mccarthy, Corporate Knights Now in its 20th year, the Global 100 ranking reveals that corporate leaders ?are pouring more of their revenues into sustainable investments than ever As 2023 came to a close, the World Meteorological Organization declared it to be the hottest year on record. One week …

Four Trends Shaping Sustainable Finance’s Future in 2024

Tommy MalettaReforming Global Finance, Beyond GDP, Transforming Finance, Latest Headlines

By Eugene Ellmen, Corporate Knights Will banks keep cheerleading fossil fuels while renewable stocks make a comeback? Eugene Ellmen shares his finance forecast. Temperature records were broken month after month in 2023, pushing governments around the globe to promise to triple their renewable-energy capacity and transition away from fossil fuels …