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ESG and Human Capital Reporting: Contemplating Diversity Disclosures

Institutional investors and other stakeholders are seeking better information from public companies on workforce diversity. Company executives and boards are discussing how and what to disclose, and many observers believe the SEC will mandate further disclosures. But when it comes to disclosing Human Capital information, straightforward and satisfactory answers are elusive. For SEC-reporting companies there

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Brazil’s Central Bank Continues To Advance On Its ESG Agenda

On April 26, 2021, the Central Bank of Brazil (BCB) launched a new public consultation (No. 86/2021, the “Consultation”) on a proposed regulation for mandatory disclosure of social, environmental, and climate risks by financial institutions. Climate-related risks must be disclosed in accordance with the TCFD Recommendations (“Recommendations”), including both physical and transition risks. As for

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European Sustainability Reporting Standards Within 18 Months

EFRAG to work with existing standards-setters to develop collaborative framework. With European corporates subject to new disclosure rules from January 2024, it’s a race against the clock to develop European Sustainability Reporting Standards for use by the end of 2022, according to Patrick de Cambourg, Chair of the European Financial Reporting Advisory Group’s (EFRAG) Lab

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New ESG and Gender Diversity Requirements for Listed Companies and IPO Applicants Proposed by Hong Kong Stock Exchange

On 16 April 2021, the Stock Exchange of Hong Kong Limited (SEHK) issued a consultation paper (the «Consultation») seeking public comment on proposed amendments to the SEHK’s Corporate Governance Code and Listing Rules intended to promote good corporate governance practices among listed companies and IPO applicants. Amidst the global surge in interest around environmental, social and governance

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New Guidance on ESG disclosure in leveraged finance transactions: a step toward improved consistency

On January 19, 2021, together with the Principles for Responsible Investment (PRI), the European Leveraged Finance Association (ELFA) and the London-based Loan Market Association (LMA) jointly published a Guide for Company Advisers on ESG Disclosure in Leveraged Finance Transactions (Guide). As sustainable investing continues to gain traction, environmental, social and governance (ESG) considerations are being given increasing

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Navigating the European ESG Disclosure Regime in a Post-Brexit World

Following increased public attention to the global sustainability agenda, investors, public institutions, and companies around the world are increasingly prioritizing environmental, social, and governance (ESG) measures as part of their investment criteria. With this growing demand for sustainable investment strategies, it is unsurprising that the global regulatory landscape has been rapidly developing to accommodate this