Financial Services Regulatory Developments in ESG

Global | Publication | May 2023

As our clients look to transition towards a more sustainable and profitable future, they require strategic legal advice across a wide range of regulatory issues including in relation to sustainable finance, disclosures, greenwashing and safeguarding against contentious risks.

We have identified 6 ‘pillars’ for assisting clients in the ESG space.

Latest insights

ESMA opinion on the functioning of the Sustainable Finance Framework

On 24 July 2024, the European Securities and Markets Authority (ESMA) set out an opinion on the functioning of the EU Sustainable Finance Framework, setting out possible long-term improvements.

Global | Blog | July 25, 2024

FSB report – Stocktake on Nature-related Risks: Supervisory and regulatory approaches and perspectives on financial risk

On 18 July 2024, the Financial Stability Board (FSB) issued a report providing a stocktake of member financial authorities’ initiatives related to the identification and assessment of nature-related financial risks.

Global | Blog | July 18, 2024

New Regulation Tomorrow Plus Podcast: DE&I series “Non-financial misconduct”

In the sixth podcast in our DE&I series, Jonathan Herbst, Katie Stephen, Rebecca Dulieu and Simon Lovegrove discuss non-financial misconduct including previous FCA enforcement action, the FCA’s proposals in CP23/20 and the practical steps that firms can take in this area. The podcast is the first in a planned mini-series that will focus on this complex and evolving topic.

Global | Podcast | July 17, 2024

NGFS publishes an information note on “Improving Greenhouse Gas Emissions Data”

On 16 July 2024, the Network for Greening the Financial System (NGFS) published an information note on improving greenhouse gas emissions data.

Global | Blog | July 16, 2024

New briefing note – FRC Plan 2024-2025: Enforcement Aspects

Earlier this year the UK Financial Reporting Council (FRC) published its plan and budget for 2024-25 (the 24-25 Plan), setting out its revised strategic objectives.

Global | Blog | July 12, 2024

Key Takeaways from the UKELA Carbon Markets Discussion

On 14 June 2024, and as part of Norton Rose Fulbright’s ongoing work in the environmental sector, we attended the UK Environmental Law Association (UKELA) Conference hosted in Manchester.

Global | Blog | July 05, 2024

Key resources

Environmental, social and governance (ESG)

Our lawyers advise clients across all sectors on ESG risks and compliance measures, helping businesses manage their risk...

Greenwashing and climate disputes

In the last few years we have seen an exponential rise in climate litigation claims, and many of these are as a result o...

Diversity, Equality and Inclusion (DE&I) for financial services

DE&I is rising to the top of the regulatory agenda and is an important component of the ‘G’ in ESG. Research shows evid...

Sustainable Finance Disclosure Regulation Project Manager

Stay ahead of the fast-approaching new sustainability disclosure and transparency requirements

Global Regulation Tomorrow

Tracks financial services regulatory developments and provides insight and commentary.

Global Regulation Tomorrow podcast

If you want to stay up-to-date on the latest developments in the world of risk and regulation, the Global Regulation Tom...

ESG Updater

Keep ahead of ESG developments in financial services. We publish a regular ESG updater which tracks regulatory developments in the ESG space. Previous ESG updaters are located down the page.