A new global survey from Workiva has shed light on the mounting pressures facing companies as they grapple with rising environmental, social and governance (ESG) reporting regulations and stakeholder demands.
Canada's Competition Bureau has opened a formal investigation into whether athletic apparel company Lululemon engaged in deceptive marketing practices related to environmental claims in its advertising campaigns.
A major new study from Workiva has revealed that companies around the world are struggling to adapt their environmental, social, and governance (ESG) reporting processes to comply with emerging regulations like the Corporate Sustainability Reporting Directive (CSRD) in the European Union.
Britain's financial watchdog has confirmed that its pioneering anti-greenwashing rule aimed at combating misleading environmental claims will come into full force from May 31. The move by the Financial Conduct Authority (FCA) marks a significant step in the global effort to ensure transparency and accountability in the rapidly growing sustainable investment market.
New York City's Comptroller, alongside trustees of the New York City Employees’ Retirement System, Teachers’ Retirement System, and Board of Education Retirement System (the Pension Systems), has secured agreements with three of North America's largest banks: JPMorgan Chase, Citi, and the Royal Bank of Canada. These agreements commit the banks to regularly disclose their ratio of financing for clean energy supply to financing for fossil fuel extraction, known as the Energy Supply Ratio, along with the underlying methodology.
The Securities and Exchange Commission (SEC) has announced a temporary halt in the implementation of its new climate disclosure rule as it engages in legal battles over its legality. This decision, disclosed on Thursday, comes as the SEC faces challenges in court regarding the enforcement of the measure.
The U.S. Environmental Protection Agency (EPA) has unveiled the final national pollution standards for passenger cars, light-duty trucks, and medium-duty vehicles, setting a new benchmark for climate action in the United States. These regulations, spanning model years 2027 through 2032 and beyond, promise to revolutionize the automotive industry while significantly curbing carbon emissions.