TNFD publishes beta version of Nature-related Risk & Opportunity Management and Disclosure Framework

The Taskforce on Nature-Related Financial Disclosures (TNFD) has published the first draft of its Nature-related Risk & Opportunity Management and Disclosure Framework (TNFD Framework); which, together with subsequent drafts, will be open to feedback from market participants for the next 18 months. The TNFD is aiming to publish a usable framework and set of recommendations … Read more

SEC Proposes New Rules Requiring Climate-Related Disclosures

On Monday, March 21, 2022, the U.S. Securities and Exchange Commission (SEC) issued highly anticipated proposed rules that would require the disclosure of climate-related information by domestic and foreign public companies in their registration statements and periodic SEC filings.  At present, members of the public have 60 days to submit comments to the SEC on … Read more

EUROPEAN COMMISSION PUBLISHES COMPLEMENTARY CLIMATE DELEGATED ACT COVERING NUCLEAR AND GAS ENERGY ACTIVITIES UNDER THE EU TAXONOMY

On 2 February 2022 the European Commission approved in principle a Complementary Climate Delegated Act (the “Complementary Delegated Act“) which includes criteria for nuclear and gas energy activities under the EU taxonomy. The Complementary Delegated Act will amend Delegated Regulation (EU) 2021/2139, which supplements the EU Taxonomy Regulation 2020/852, and provides a set of criteria … Read more

The Third Wheel podcast series: ESG in Australia Episode 7

By Timothy Stutt and Melanie Debenham Episode 7 – It’s not about the money, money, money with Lewis McDonald, Global Head of Energy for Herbert Smith Freehills In this episode, Tim and Mel are joined by expert third wheel guest, Lewis McDonald, Global Head of Energy for Herbert Smith Freehills. Fresh from presenting at the … Read more

Getting to net zero in the energy sector: “practice makes cheap”

5 November 2021 was Climate Law and Policy day at COP 26 in Glasgow. I was lucky enough to speak on an expert panel hosted by the EBRD on “Reallocating International Capital and the Role of Law”. Wearing my McDonald Clan tartan tie, and beamed in via Zoom, I delivered an abridged version of the … Read more