First omnibus package expected to shrink scope of carbon levy on imports as bloc wrestles with competitiveness fears. The simplification of the EU’s carbon tax mechanism for emissions-intensive imported goods will help to reduce the compliance burden for companies, but its application timeline must be upheld, according to policy specialists. The EU has committed to a five-year simplification agenda…
EU CBAM on the Table for Simplification Agenda
First omnibus package expected to shrink scope of carbon levy on imports as bloc wrestles with competitiveness fears. The simplification of the EU’s carbon tax mechanism for emissions-intensive imported goods will help to reduce the compliance burden for companies, but its application timeline must be upheld, according to policy specialists. The EU has committed to a five-year simplification agenda…
EU CBAM on the Table for Simplification Agenda
First omnibus package expected to shrink scope of carbon levy on imports as bloc wrestles with competitiveness fears. The simplification of the EU’s carbon tax mechanism for emissions-intensive imported goods will help to reduce the compliance burden for companies, but its application timeline must be upheld, according to policy specialists. The EU has committed to a five-year simplification agenda…
EU CBAM on the Table for Simplification Agenda
First omnibus package expected to shrink scope of carbon levy on imports as bloc wrestles with competitiveness fears. The simplification of the EU’s carbon tax mechanism for emissions-intensive imported goods will help to reduce the compliance burden for companies, but its application timeline must be upheld, according to policy specialists. The EU has committed to a five-year simplification agenda…
Canada Pushes Back Requirement for Banks, Insurance Companies to Report Financed Emissions by 3 Years
Canada’s financial regulator, the Office of the Superintendent of Financial Institutions (OSFI), announced a new update to its climate-related financial disclosure expectations for banks and insurance companies, including a significant delay to the requirement for firms to disclose the emissions originating in their loan books and underwriting activities, which had been set to begin next year. Released in March 2023,…
Battlelines Drawn Over UK Stewardship Code
Investor concerns linger over attempts to sideline sustainability, but others say simplification was long overdue. Many sustainability-focused investment managers and asset owners remain anxious that the UK’s Financial Reporting Council (FRC) has removed all mention of ‘environment’ and ‘society’ from its definition of stewardship. Others, though, see this as a positive step, saying that the simplification will make it easier…
Battlelines Drawn Over UK Stewardship Code
Investor concerns linger over attempts to sideline sustainability, but others say simplification was long overdue. Many sustainability-focused investment managers and asset owners remain anxious that the UK’s Financial Reporting Council (FRC) has removed all mention of ‘environment’ and ‘society’ from its definition of stewardship. Others, though, see this as a positive step, saying that the simplification will make it easier…
Battlelines Drawn Over UK Stewardship Code
Investor concerns linger over attempts to sideline sustainability, but others say simplification was long overdue. Many sustainability-focused investment managers and asset owners remain anxious that the UK’s Financial Reporting Council (FRC) has removed all mention of ‘environment’ and ‘society’ from its definition of stewardship. Others, though, see this as a positive step, saying that the simplification will make it easier…
Battlelines Drawn Over UK Stewardship Code
Investor concerns linger over attempts to sideline sustainability, but others say simplification was long overdue. Many sustainability-focused investment managers and asset owners remain anxious that the UK’s Financial Reporting Council (FRC) has removed all mention of ‘environment’ and ‘society’ from its definition of stewardship. Others, though, see this as a positive step, saying that the simplification will make it easier…
Take Five: Engaged on Stewardship
A selection of the major stories impacting ESG investors, in five easy pieces. This week saw big questions raised over how and why investors use their influence as active owners. Common cause – At least some UK-based asset owners and managers found themselves on the same side of a couple of arguments this week. After a pension fund-led coalition laid…