On 5 March 2024, the European Commission adopted a delegated regulation that will supplement the EU Securitisation Regulation with regulatory technical standards (“RTS“) in relation to simple, transparent and standardised (“STS“) securitisations where the underlying exposures are residential loans or auto loans or leases. The RTS specify the content, methodologies and presentation of information related to the principal adverse impacts (“PAIs“) of…

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets.   When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed, with some even co-signing an open letter denouncing the plan.  Much has happened in the three years since then – from Russia’s…

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets.   When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed, with some even co-signing an open letter denouncing the plan.  Much has happened in the three years since then – from Russia’s…

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets.   When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed, with some even co-signing an open letter denouncing the plan.  Much has happened in the three years since then – from Russia’s…

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets.   When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed, with some even co-signing an open letter denouncing the plan.  Much has happened in the three years since then – from Russia’s…

The oil and gas major’s Scope 3 commitments are muted but welcome, as expansion plans continue to prevail over sustainability targets.   When Shell published its first energy transition strategy in 2021, investors and climate-focused NGOs alike were underwhelmed, with some even co-signing an open letter denouncing the plan.  Much has happened in the three years since then – from Russia’s…

Disclosure requirements to shed light on rising costs, but observers also warn of an ‘alphabet soup’ of offset accounting frameworks.   The US Securities and Exchange Commission’s (SEC) climate disclosure requirements will bring much-needed transparency on the costs of carbon credits incurred by companies, industry experts have said.   This month, three of the five SEC commissioners voted in favour…

Disclosure requirements to shed light on rising costs, but observers also warn of an ‘alphabet soup’ of offset accounting frameworks.   The US Securities and Exchange Commission’s (SEC) climate disclosure requirements will bring much-needed transparency on the costs of carbon credits incurred by companies, industry experts have said.   This month, three of the five SEC commissioners voted in favour…

Disclosure requirements to shed light on rising costs, but observers also warn of an ‘alphabet soup’ of offset accounting frameworks.   The US Securities and Exchange Commission’s (SEC) climate disclosure requirements will bring much-needed transparency on the costs of carbon credits incurred by companies, industry experts have said.   This month, three of the five SEC commissioners voted in favour…

Disclosure requirements to shed light on rising costs, but observers also warn of an ‘alphabet soup’ of offset accounting frameworks.   The US Securities and Exchange Commission’s (SEC) climate disclosure requirements will bring much-needed transparency on the costs of carbon credits incurred by companies, industry experts have said.   This month, three of the five SEC commissioners voted in favour…