HVAC and climate control solutions company Trane Technologies announced today the appointment of Mauro Atalla as Chief Technology and Sustainability Officer. Atalla will report to Chair and CEO Dave Regnery as part of the executive leadership team and will lead the product development, innovation and sustainability strategies for Trane Technologies globally. In his new role, Atalla will be responsible for…
UK ad regulator the Advertising Standards Authority (ASA) ruled today that an ad by Lloyds Bank highlighting the bank’s contributions to the low-carbon transition through its clean energy financing activity was misleading, due to its failure to provide information on Lloyd’s continued financing for carbon emitting activities, which it added “represented a large contribution to GHG (greenhouse gas) emissions.” The…
The European Financial Reporting Advisory Group (EFRAG) announced the release of its voluntary sustainability reporting standard for non-listed SMEs (VSME), aimed at enabling micro-, small- and medium-sized companies to report on ESG issues in a simplified and consistent way. EFRAG, a private association majority financed by the EU, was mandated by the European Commission in June 2020 to prepare for…
The government-mandated UK Sustainability Disclosure Technical Advisory Committee (TAC) announced today the publication of its recommendations to endorse the IFRS Foundation’s International Sustainability Standards Board’s (ISSB) climate- and sustainability-related reporting standards for use by companies in the UK. The recommendations, published by the Financial Reporting Council (FRC), follow the release last year by the former government of the UK Green…