ESG – Bocconi Students for Sustainable Finance

Regulatory Developments in ESG Reporting and Their Implications for Businesses

The focus on Environmental, Social, and Governance (ESG) factors has surged, leading to significant regulatory changes worldwide. Key developments include the EU’s Corporate Sustainability Reporting Directive (CSRD), the US SEC’s enhanced ESG disclosure requirements, and the UK’s mandate for TCFD-aligned reporting. These regulations aim to standardize ESG reporting, ensuring transparency and accountability. While compliance may increase costs, it offers benefits such as improved risk management, better investor relations, and strategic alignment with sustainability goals. Businesses that integrate ESG into their core strategies are better positioned to thrive in this evolving landscape.

The Downgrading Trend

The Downgrading Trend Why many asset managers are implementing a more cautious approach to ESG classification From January 2023 onwards, the second level of SFDR regulation will come into force, entailing new obligations on financial services providers and the introduction of RTS (Regulatory Technical Standard). Despite the SFDR’s honourable goal, its classification is creating a […]

The Earthshot Prize 2022

The Earthshot Prize 2022 The Earthshot prize is an award given to five winners that created some projects that could help our planet face some of the most important challenges nowadays. On 31 December 2019, Prince William announced the Earthshot prize after years of development. In particular, it would be given to five individuals or […]

One More Step Against Greenwashing

One More Step Against Greenwashing The FCA (Financial Conduct Authority) is the financial market regulator in the UK, aiming to protect consumers, promote market competition and improve the integrity of the financial markets. The organization has recently confirmed that it is ready to release a set of new measures that will determine how different labels […]

Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan

Climate-data startup Arcadia raises $200 million in a funding round led by J.P. Morgan Arcadia, a US-based technology company supporting energy innovators to fight the climate crisis, announced on May 10th the raise of $200 million funding round. The financing aims to accelerate the impact of Arcadia’s data and new API platform, Arc, expanding data […]

ISSB aims to improve and enhance climate reporting

ISSB aims to improve and enhance climate reporting Recently there has been more attention drawn to corporate climate reporting, as climate disclosures can look good in an annual report, but they do not necessarily mean that a rapid change is being achieved. Moreover, environmental data regarding businesses does not have a universally acknowledge unit of […]

Are passive funds over-investing in UK fossil fuel companies?

Are passive funds investing too much in fossil fuel companies? The think-tank Commonwealth delved into an issue regarding the financial sector, with particular attention on the UK, but that can be considered a worldwide phenomenon, starting from the US. In the paper “The Passive Revolution” by Buller and Hayes, it is shown that passive investments […]