After intense pressure on oil and gas, the role of heavy industry in the climate crisis is now under growing scrutiny.

Businesses want granular visibility on exactly when and where they’re exposed to adverse climate risks. But scientists say their models can't provide such specific information.

Despite a complex domestic picture, there is growing evidence that Russian energy firms, mining companies and exporters are aligning themselves with international ESG standards.

National consumer protection authorities believe that 42% of green online claims from various business sectors such as garments, cosmetics and household equipment are exaggerated, false or deceptive & could potentially qualify as unfair commercial practices under EU rules.

Last year witnessed the broad recognition in the investment, business, accounting, regulatory, and sustainability reporting communities that the time has come for mandated standards on sustainability reporting, just as we have for financial reporting.

Concerned about greenwashing? The practice of relabelling fund titles with terms such as 'green' and 'ESG' helped push European 'sustainable' AUM to €1.1tn by the end of 2020.

Dr. Elena Zharikova and Andrew Archer explore new requirements under the EU Non-Financial Reporting Directive for companies to disclose not only financial information, but the impact of its activities on the environment and on society.

The entire wealth and asset management business of Nordea Bank Abp - which currently oversees about $425 billion - may exclude all investments that aren’t deemed sustainable in as little as half a decade.

1) Data Improvement 2) Biden Administration Impacts 3) Threats to Nature and Biodiversity 4) Increasingly Nuanced Conversations 5) Shift to Climate Resilience 6) Investors and Social Issues 7) Global Traction of Social Issues

While divestment may be effective at 'cleaning up' portfolios, it comes with costs and simply externalises the damage of problem companies, rather than fixing underlying problems. Patrick Temple-West's latest article for the Financial Times explores the issues.