This is the third and final article in our series on the Basel Committee’s voluntary framework for climate-related financial risk disclosures. The first article covered the framework’s background, key changes, and structure. The second article examined each of the six tables and templates in detail. This article focuses on the…

This is the second article in a three-part series on the Basel Committee’s voluntary framework for climate-related financial risk disclosures. The first article provides an overview of the framework, its background, and key changes from the 2023 consultation. This article examines each of the six tables and templates in detail.…

On 13 June 2025, the Basel Committee on Banking Supervision (BCBS) published its finalised framework for the voluntary disclosure of climate-related financial risks. The framework sets out a structured set of tables and templates designed to help banks communicate their exposure to both transition and physical climate risks. Although voluntary…

Is your fund ready for the latest SFDR requirements? Explore our comprehensive guide to the EU’s transparency framework. Learn how to classify your financial products, avoid greenwashing, and integrate ESG factors into your investment decision-making process with clarity and confidence.

The UK’s Financial Conduct Authority has launched consultation CP26/5 to align listed companies’ ESG disclosures with the new UK Sustainability Reporting Standards (UK SRS), replacing the current TCFD-based framework and strengthening sustainability transparency for investors.

On 4 March 2026, the European Commission published its proposal for the Industrial Accelerator Act — one of the most significant pieces of industrial legislation the EU has put forward in decades. For companies operating at the intersection of ESG, sustainability reporting, and regulatory compliance, this regulation introduces new procurement…

An ESG strategy is an organisation’s structured approach to govern, identify, prioritise, and manage environmental, social, and governance issues that affect enterprise value and risk — and, increasingly, to also manage and disclose outward impacts on people and the environment. This dual “inside-out” and “outside-in” framing is no longer aspirational…

Introduction Impact measurement has become a central obligation for financial institutions operating within evolving regulatory frameworks including the EU Sustainable Finance Disclosure Regulation (SFDR), the UK Sustainability Disclosure Requirements (SDR), and the International Sustainability Standards Board (ISSB) guidance. Within this landscape, the Theory of Change (ToC) is one of the…

Directive (EU) 2026/470, adopted on 24 February 2026 and published in the Official Journal on 26 February 2026, amends EU corporate sustainability reporting and corporate sustainability due diligence rules by narrowing scope, introducing value chain protections, removing the transition to reasonable assurance, and reshaping the Corporate Sustainability Due Diligence Directive…

In February 2026, the European Financial Reporting Advisory Group (EFRAG) published its official response to the proposed revisions of the Greenhouse Gas Protocol (GHG Protocol) Scope 2 Guidance. EFRAG supports improvements to Scope 2 accounting but urges a balanced, proportionate, and cost-effective approach to implementation. This article summarises EFRAG’s key…