News & Analysis as of

United Nations Environmental Social & Governance (ESG)

StoneTurn

ESG is a Four Act Play and Intermission is About to End

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As socially responsible investing has gone mainstream, regulators in Europe and the United States have stepped in and are now formalizing rules around disclosures pertaining to Environment, Social and Governance (“ESG”)...more

Cadwalader, Wickersham & Taft LLP

United Nations Releases First Global Stocktake on Parties’ Achievements Under the Paris Agreement

On September 8, 2023, the United Nations published its first Global Stocktake report on the progress made by nations in addressing climate change. The report, which represents the first comprehensive assessment of nearly 200...more

Bradley Arant Boult Cummings LLP

State AGs Turn ESG Scrutiny on Financial Service Providers

By now, followers of the debate over use of ESG (environmental, social and governance) criteria in investing and business operations are well used to the “E” taking center stage. As we discussed two months ago in this space,...more

Cadwalader, Wickersham & Taft LLP

Statement from the UN Environment Programme on the Net-Zero Insurance Alliance Reports on Target Progress

On July 5, the UN Environment Programme (UNEP) released a statement on the Net-Zero Insurance Alliance’s (NZIA) progress towards net-zero targets. The NZIA is convened by the UN Principles for Sustainable Insurance (PSI) and...more

Cadwalader, Wickersham & Taft LLP

UN-Initiated and Bank-Led Working Group Formed to Encourage Banks to Achieve Biodiversity Targets

On May 4, 2023, the United Nations announced the formation of a 35-member bank-led working group to promote nature- and biodiversity-related target setting that is aligned with the Kunming-Montreal Global Biodiversity...more

Holland & Knight LLP

Conmemoración del Día Internacional del Medio Ambiente en Colombia

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Hoy hace 50 años, la Asamblea General de las Naciones Unidas estableció el 5 de junio como el Día Mundial del Medio Ambiente para destacar la importancia de la protección del medio ambiente. ...more

McDermott Will & Emery

International News: Spotlight on ESG, Impact & Sustainability

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ESG is understood to be an acronym for “environmental, social and governance,” but the term can be challenging because it’s used to describe similar but distinct communities of practice, including corporate social...more

Cadwalader, Wickersham & Taft LLP

UN Requests Opinion from International Court of Justice on Climate Change Obligations

The United Nations General Assembly, the UN’s primary policy-making body, has adopted a resolution requesting an advisory opinion from the International Court of Justice (ICJ) on the obligations of its 193 member states...more

Cadwalader, Wickersham & Taft LLP

Green Banks Express Frustration After Net-Zero Banking Alliance Declines to Impose Restrictions on Fossil-Fuel Financing

The Net-Zero Banking Alliance (“NZBA”), the UN-led coalition of global banks “committed to aligning their lending investment portfolios with net-zero emissions by 2050,” is facing backlash from certain sustainability-focused...more

Cadwalader, Wickersham & Taft LLP

G20 Call for Global Common Framework to Finance Sustainable Development Goals

At the recent G20 Finance Ministers and Central Bank Governors Meeting in Bengaluru, India, attendees called for the creation of a common global framework to facilitate financing the United Nations’ Sustainable Development...more

Cadwalader, Wickersham & Taft LLP

Publication of PRI 2023 Reporting Framework

The Principles for Responsible Investment (PRI), a UN-supported network of investors, has announced the publication of its 2023 Reporting Framework along with an update on accountability. This development, according to the...more

Holland & Knight LLP

Voluntary and Mandatory Climate Disclosures: Key Considerations for Companies

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Companies should be thoughtful and strategic about how they structure their voluntary and mandatory climate disclosures. There are many climate disclosure standards – as well as environmental, social and governance (ESG)...more

Akin Gump Strauss Hauer & Feld LLP

Recent Developments in Singapore Green Transition

Building on Akin Gump’s previous coverage on Singapore’s efforts to advance its green transition initiative1 and following on from our insights into the Asia Climate Summit 2022, this post provides updates on some of the key...more

Cadwalader, Wickersham & Taft LLP

COP15: The Global Biodiversity Framework

The United Nations Biodiversity Conference (COP15) ended in Montreal, Canada, on December 19, 2022 with a landmark agreement to protect at least 30% the planet’s lands, inland waters, coastal areas and oceans by 2030 (known...more

Paul Hastings LLP

Our Top 10 Predicted Business and Human Rights Issues for 2023

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The explosion of global business and human rights continued to resonate across the globe in 2022. Some of the business and human rights trends have been evident and growing for several years; others are relatively new. Many...more

Akin Gump Strauss Hauer & Feld LLP

COP 27: Top News for the Fourth Day of Events

Talks during the fourth day of COP 27 focused on science and youth engagement. Here’s what business leaders need to know to keep up-to-date on event proceedings...more

Bradley Arant Boult Cummings LLP

Earth Day Series 2022: Environmental, Social & Governance Part 2 - The Birth of Environmental, Social and Governance as a...

On Friday, April 22, the United States and the rest of the world will recognize Earth Day 2022.  With “Invest in Our Planet” as its theme, Earth Day 2022 focuses additional attention on Environmental, Social, and Governance...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part II)

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In our previous post, we highlighted a number of global goals and campaigns aimed at addressing climate change. In this post, we examine climate change-oriented policies and initiatives that are being adopted by many...more

Akin Gump Strauss Hauer & Feld LLP

[Podcast] COP26: Outcomes, Takeaways, Forecasts

Accelerate ESG debuts with Akin Gump partners Stacey Mitchell, Ken Markowitz and Naboth van den Broek reviewing the recent UN Climate Change Conference, which Ken and Naboth attended, to offer listeners insights into the...more

Bass, Berry & Sims PLC

Consolidation and Globalization of ESG Standards Progress: CRD Dissolves to Support IFRS Foundation and ISSB

Bass, Berry & Sims PLC on

Last month at the 2021 United Nations Climate Change Conference (commonly referred to as the COP26), the International Financial Reporting Standards Foundation (IFRS Foundation) announced the formation of an International...more

Hogan Lovells

Russian Sustainable Finance Regulations finally in place

Hogan Lovells on

The Russian Federation has taken its first steps towards implementing global sustainable development principles by adopting the Decree of the Russian Government No. 1587 dated 21 September 2021 "On approving criteria for...more

Akin Gump Strauss Hauer & Feld LLP

United States’ Commitments, Partnerships and Initiatives at COP26

Executive Summary - During the recent United Nations Climate Change Conference of the Parties, or "COP26," the United States' "whole-of-government" approach to climate change was on full display, with the Biden-Harris...more

Akin Gump Strauss Hauer & Feld LLP

The Roadmap to Sustainable Investing-UK to be the first Net Zero-Aligned Financial Center

As we reflect on the 2021 United Nations Climate Change Conference (COP26), it would be remiss not to note that the United Kingdom government announced its intention for the U.K. to be the world’s “first net zero-aligned...more

Stikeman Elliott LLP

COP26: Key Takeaways and Action Items on Climate Change (Part I)

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In recent weeks, there has been a lot written about the COP26 United Nations Annual Climate Change Conference, which was held in Glasgow, Scotland between October 31 and November 13, 2021. The central goal of the COP26...more

Perkins Coie

COP26: Corporate Impacts and Opportunities

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The 26th United Nations Climate Change Conference of the Parties (COP26), wrapped up earlier this month in Glasgow, Scotland, after two weeks of negotiations. While attention was focused on national pledges to reduce...more

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