31 May, 2022 Results of the Bank of England’s climate stress test By Premlata Fagan Kim Rybarczyk Raza Naeem Victoria Hickman +1 more... Show less The results of the Bank of England’s (BoE) inaugural climate risk-related stress testing exercise, the Climate Biennial Exploratory...
30 May, 2022 Environment Audit Select Committee launches inquiry into finance and the UK’s transition to net zero By Omar Salem The House of Commons Environment Audit Committee (EAC) has launched an inquiry into the role of the financial sector in the UK’s...
30 May, 2022 US: SEC proposes new ESG rules for fund managers and advisers By Brad Caswell Doug Davison Mike Bienenfeld Jason Manketo Yaroslav Alekseyev Scott Jameson +3 more... Show less Driven by concerns about greenwashing, the US Securities and Exchange Commission (SEC) has issued two new ESG-related proposals that...
30 May, 2022 US: SEC brings “greenwashing” enforcement action against investment adviser of mutual funds By Menaka Nayar On May 23, 2022, the U.S. Securities and Exchange Commission settled charges against an investment adviser for misstatements and...
27 May, 2022 US SEC’s climate proposal vs. TCFD: What you need to know By Yaroslav Alekseyev Rachel Barrett Mike Bienenfeld Aileen Buchanan Doug Davison Jason Manketo +3 more... Show less What are the key differences between the SEC’s proposal and the TCFD, and how can affected businesses prepare? The US Securities and...
27 May, 2022 US: Increasing risk of greenwashing claims underscores need for improved ESG governance By Menaka Nayar Recent developments in the United States underscore the continued salience of “greenwashing” on the agendas of both public and private...
26 May, 2022 China’s new ESG Disclosure Standards By Alex Roberts Gilly Hutchinson Amy Ding Are the guidelines a credible basis for ESG evaluation and reporting? In a great example of public-private collaboration, CERDS (or the...
26 May, 2022 EU Commission answers on Taxonomy and SFDR questions: closed products in scope and Taxonomy-alignment disclosure data problem By Raza Naeem Benjamin Maconick Earlier this month we reported that the ESAs had asked the Commission various questions relating to SFDR and Taxonomy - see post....
26 May, 2022 The growth of climate litigation: what does it mean for UK pension schemes? By Claire Collier Take a look at this related cross-practice blog post.
25 May, 2022 What's on the FCA's ESG regulatory horizon in the UK? By Raza Naeem Benjamin Maconick Victoria Hickman Stephen Clipsham +1 more... Show less The Financial Conduct Authority (FCA) has updated its Regulatory Initiatives Grid for May 2022, setting out the UK regulatory pipeline...
25 May, 2022 US: Another US federal court issues decision on greenwashing claims, highlighting growing complexity in evaluating sustainability claims By Menaka Nayar Doug Davison Stephanie Sebastian Last week, a federal district court in Illinois addressed greenwashing claims arising from a putative class action lawsuit alleging that...
23 May, 2022 Regulating for social good: Algorithm Regulation in China By Alex Roberts From recommending personalised content on social media platforms to designing work schedules for motorcycle couriers, algorithms are...
23 May, 2022 REPowerEU: Reinventing Europe's energy architecture By Linklaters Introduction On 18 May 2022, the European Commission presented its €300 billion REPowerEU plan to cut the EU fully loose from its largest...
19 May, 2022 Call for Evidence on UK Green Finance Strategy By Raza Naeem Benjamin Maconick Silke Bernard Victoria Hickman Stephen Clipsham +2 more... Show less On 12 May 2022, the UK Government published a Call for Evidence to support the development of an update to the UK’s Green Finance...
18 May, 2022 ESAs request new Q&As on SFDR and Taxonomy By Benjamin Maconick Raza Naeem Silke Bernard Victoria Hickman Jesus Elguea Palacios Stephen Clipsham +3 more... Show less The European Supervisory Authorities ('ESAs') have submitted a list of questions to the European Commission about the interpretation of...
18 May, 2022 Japan: First institutional investor group-led climate shareholder proposals received by J-Power By Gilly Hutchinson Sarah Martin It is becoming increasingly common in certain markets – notably the UK, Europe, US and Australia - for shareholders to put climate...