The Financial Services Agency of Japan (FSA for short) recently issued documents to supervise ESG fund greenwashing. FSA believes that with the introduction of ESG into the name and investment strategy of the fund, the problem of greenwashing is
This regulatory document is the first time that the regulatory authority has formulated the ESG fund greenwashing issue. It believes that if the fund pursues sustainability, it needs to disclose relevant specific plans to the market
Although Scope 3’s disclosure is an important progress in the field of ESG carbon emissions, from the current conditions, enterprises still need some time to learn and adapt to the latest disclosure requirements
The European Central Bank recently released a report describing the regulatory priorities from 2023 to 2025. ECB believes that changes in global macro financial conditions have imposed greater uncertainty on the European economy, especially
The European Banking Authority (EBA) has released a roadmap for sustainable finance in the next three years to explain EBA’s follow-up measures and planned tasks in ESG. This roadmap is the second version released by EBA
The Financial Conduct Authority of the United Kingdom announced the establishment of the ESG Advisory Committee, whose work includes the formulation of guidelines for ESG data and rating agencies, guidance and supervision of ESG disclosure
Due to the rapid development of the ESG industry, the regulatory authorities are also solving some problems that follow, such as the naming rules of ESG funds, the ESG disclosure rules for listed companies, and consumer protection after the adoption of ESG policies. Although the short-term regulatory policies will have an impact on the development of ESG, in the long run, sound regulatory measures will promote the company to complete the ESG transformation more efficiently.
Through tracking and sorting out the ESG regulatory policies of various countries, the ESG regulatory policies have the following characteristics:
1. The regulatory authorities involved in ESG’s regulatory policies are relatively complex. There are not only legislative departments that issue mandatory policies, but also some associations that provide voluntary guidance. At the same time, some new ESG collectives are still being established;
2. The content framework of ESG regulatory policy is gradually increasing. As the supervision needs to be directly implemented into the daily business activities of enterprises and financial institutions, the supervision policies also need to be gradually detailed, and the specific contents involved are constantly increasing;
3. Although ESG regulatory policies differ from country to country, the overall development direction remains the same. When implementing ESG supervision, national regulators will take their own development into account, but still comply with internationally consistent standards as a whole;
This website provides readers with the latest regulatory contents of ESG from regulators around the world. Understanding these contents can provide readers with more complete knowledge of ESG regulation and see the development path of ESG regulation in different countries. For practitioners in the ESG industry, this website can also trace the existing regulatory policies of ESG in the past and compare the ESG regulation in different countries.
