Page 3 - Reporting Directive News Today

On November 22, 2022, the U.S. Department of Labor made available final regulations addressing a fiduciary's duties under ERISA that revise and rescind portions of the Trump-era...

In the EU, the European Commission (EC) has put greenwashing at the front and centre of its agenda.

As discussed in Jones Day's March 2022 Alert, the SEC has proposed climate-related disclosure rules. If adopted as proposed, the Proposed Rules would depart from the SEC's historical regulation of ...

Much is heard of the plethora of – often disparate – disclosure regimes and standards around sustainability, and the attendant difficulties for stakeholders, including investors, customers...

The ESG framework in Luxembourg comprises a number of EU regulations, EU legislative measures amending existing regulatory frameworks, national legislation and regulatory guidance, including...

On the 1 December, 2021, the Ministry for Energy, Enterprise and Sustainable Development and Malta Enterprise announced the launch of Malta's ESG (Environmental, Social and Governance)...

On 2 December 2021 the UK's Financial Conduct Authority (FCA) published Policy Statement PS21/22 setting out final Listing Rule changes following its…

As investors' calls for greater climate-related corporate accountability grow louder, the "E" in ESG—environmental, social and governance—looms larger than ever, particularly from the perspective of...

Sigurt Vitols Today the European Commission publishes a proposal for a directive on sustainability reporting, which would massively overhaul the current European Union framework for corporate disclosures on environmental and social issues. This is a long overdue step, essential to improve stakeholders’ ability to monitor companies’ contribution to the European Green Deal and ‘social Europe’. The draft however contains shortcomings, which will need to be remedied if genuine progress is t...

By Jon Hay 02.00 AM A new acronym is joining the sustainable finance lexicon — the SRD. The EU’s Sustainability Reporting Directive will become the cornerstone of corporate reporting on sustainability, which is the foundation of responsible investing. A draft of it has been leaked, showing that it will impose much stricter rules on companies about reporting their environmental and social impacts, but also contains loopholes. The SRD is the new name of the European Union’s Non-Financial Re...