Regulations Listing: Sustainability Reporting

REGULATORY RADAR - Across the world, regulators are laying more groundwork that signals increased environmental, social, and governance (ESG) reporting requirements for corporations in the future.

REGULATORY RADAR - The UK's FCA published plans to extend climate reporting requirements to most UK-listed companies and domestic asset managers.

REGULATORY RADAR - The SEC's annual regulatory agenda includes proposed rules dealing with climate change disclosure, board diversity, ESG investments, cybersecurity, and human capital management

REGULATORY RADAR - On August 6, 2021, the SEC approved two board diversity proposals previously filed by the stock market index Nasdaq: the Board Diversity Proposal and the Board Recruiting Service Proposal.

REGULATORY RADAR - On July 7, 2021, the Financial Stability Board (FSB) issued its Roadmap for Addressing Climate-Related Financial Risks, prepared in consultation with standard-setting bodies.

REGULATORY RADAR - Singapore Exchange Regulation (SGX RegCo) is proposing a roadmap for climate-related disclosures to be made mandatory in issuers’ sustainability reports

REGULATORY RADAR - On June 30, 2021, the International Organization of Securities Commissions (IOSCO)—which counts the SEC among its members—issued a consultation report recommending that securities regulators set regulatory and supervisory expectations for asset managers regarding sustainability-related risks and opportunities. recycling systems in the nation.

REGULATORY RADAR - On October 13, 2021, the U.S. Labor Department proposed a rule that would reverse former President Donald Trump’s regulations on the use of environmental, social, and corporate governance (ESG) factors in retirement portfolios.

REGULATORY RADAR - On November 2, 2021, the United States, the European Union, and partners formally launched the Global Methane Pledge.

REGULATORY RADAR - Around the world, increasingly regulators are requiring companies to disclose risks inherent in light of the changing climate. Here’s the latest from the last 30 days.

REGULATORY RADAR - On November 3, 2021, the International Financial Reporting Standards (IFRS) Foundation announced the creation of a new standard-setting board, the International Sustainability Standards Board (ISSB).

REGULATORY RADAR - On December 16, 2021, the United States Office of the Comptroller of the Currency (OCC) announced draft principles designed to support the identification and management of climate-related financial risks by banks with more than $100 billion in total consolidated assets.