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Rolling into 2024, what can we expect in the ESG world? 1. Amalgamation of sustainability, finance and business strategy with a common objective: reduce risk and seize opportunity. 2. ESG reporting expands within the private market because of Scope 3 disclosure rules (in the US + EU) which involves everyone in the supply chain - including the smaller players supplying the big public players 3. ESG politicization will remain (particularly in the US) 4. Increased focus on biodiversity - with TNFD recently released, governments will consider its integration 5. Bigger focus on supply chains to address environmental and social concerns 6. Sophistication of 'greenwashing' - to be more clearly defined, be more harshly penalised. 7. Introduction of 3rd party assurance requirements for ESG disclosures (https://lnkd.in/edcbz2C4) 8. Increased ESG litigation and enforcement actions Full articles here: https://lnkd.in/ea4ynk-x https://lnkd.in/egvFSqNq https://lnkd.in/ec95469z https://lnkd.in/evu-qbsR

Have you heard of the most recent delay in the implementation of the sector-specific sustainability disclosures by the European Union? It has significant implications for large public interest entities in 2024. For a more in-depth analysis, do check out this article from ESG Today: https://lnkd.in/geE_hGaN #esgreporting #esg #euregulations

🌿 Australia Cracks Down on ESG Claims with New Regulations 🌿 🔍 Key Points: ESG Labeling: Australia is introducing strict labeling requirements for investment products marketed as “sustainable.” Transparency matters! Climate Disclosures: Large businesses and financial firms will soon need to disclose climate-related information. 🌎 Active Policing: Australia won’t tolerate greenwashing. Expect rigorous scrutiny of ESG claims! 👀 Global Benchmarking: By 2027, Australia aims to align with global ESG standards. Responsible capital flow is the goal! 💡 🌟 Let’s champion authentic sustainability! See link to full article and leave your thoughts below ⬇ #ESG #Sustainability #Investments

Are you ready for the new ESG regulations in 2024? With the EU's CSRD and the Global Plastics Treaty on the horizon, it's time to get serious about sustainability. These new regulations will require greater transparency and standardisation in data reporting, but they also present an opportunity to overhaul your business model and consider a broader perspective beyond just carbon emissions. Read on for more: https://bit.ly/3S68BRK #ESG #Sustainability #PrivateWealth #PrivateBanking #WealthManagement

✨ 2024 marks a pivotal year for ESG reporting in the EU, with several critical regulations coming into effect. Here’s a quick overview: - SFDR: Mandates sustainability reporting for EU investment managers, enhancing transparency on ESG risk integration. - CSRD: Expands sustainability reporting for EU and non-EU companies, improving information consistency and comparability. - CSDDD: Requires companies to manage adverse sustainability impacts within their operations and value chains. - CBAM: Imposes a carbon price on certain imports to prevent carbon leakage and promote cleaner production. - EU Taxonomy: Classifies environmentally sustainable economic activities, steering investments towards greener projects. - ‘Fit for 55’ Package: Aims to cut EU GHG emissions by at least 55% by 2030 through various legislative measures. These regulations are more than just policies—they're essential steps towards a sustainable future. Companies that adapt will not only comply but also lead in responsible business practices. 🌱 What are your thoughts on these upcoming changes? How is your organisation preparing? 💬👇 #ESG #Sustainability #EURegulations #CorporateResponsibility #Investment #Transparency #GreenFuture

Interesting 2 min read about ESG reporting future evolution

For everyone who had doubts regarding the relevance or the future of ESG-reporting: This little note about China more or less accepting ESG rules might be the biggest breakthrough for #ESG yet. #china #stalfort #sustainability #emissions https://lnkd.in/dhy88Gup

Are you ready for the new ESG regulations in 2024? With the EU's CSRD and the Global Plastics Treaty on the horizon, it's time to get serious about sustainability. These new regulations will require greater transparency and standardisation in data reporting, but they also present an opportunity to overhaul your business model and consider a broader perspective beyond just carbon emissions. Read on for more: https://bit.ly/3S68BRK #ESG #Sustainability #PrivateWealth #PrivateBanking #WealthManagement

[Link below] Europe Sets Sail for Sustainable Future: Are ESG Ratings Ready? #ESG #Sustainability #Regulation New EU regulations are raising the bar for ESG #transparency. But are ratings focusing too heavily on the #environmental and #social factors while neglecting #governance? Discover why a strong and sturdy "captain" is crucial for a company's sustainability journey. Here is the full article to navigate the new ESG landscape! CSRnatives Network #SustainableFinance #ESGRatings #Methodology #ESGAnalysis https://lnkd.in/dBhWrAby

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