Klimado Index · United Kingdom
Prudential plc
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Klimado Index · United Kingdom
prudentialplc.com (opens prudentialplc.com)View on Klimado → (opens klimado.com)
Today’s ESG Updates PRA to Ease Reporting for UK Banks: Prudential Regulation Authority has agreed to remove 37 reporting templates entailing Financial and Common Reporting templates. This change was set into effect by a review of the banking regulatory reporting data. EU Slashes Sustainability Reporting Requirements: Lawmakers have reached a provisional agreement to significantly reduce
Insurer Prudential and lenders ADB, Citi, and HSBC plan to speed up the closing of coal-fired power plants in Asia by buying and closing them within 15 years. Fifteen years is much shorter than a plant’s average lifetime of 46 years, and is partly possible because of the banks’ access to cheap money. This will
Today’s ESG Updates Largest U.S. Clean Energy Project Goes Live: The $11 billion SunZia wind and transmission project can deliver enough electricity to power around one million homes. OSFI Cuts Capital Buffer to 3% for Major Banks: The change applies to six systemically important banks, aiming to free up lending capacity and unlock credit expansion.
Today’s ESG Updates: ECB Fining Crédit Agricole Over Sustainability Issues: Banks are expected to embed climate risks into credit risk assessments, stress testing, internal controls and overall business strategy. Trump’s Office is Removing Vehicle Emissions Regulations: The administration removes the legal basis for federal limits on tailpipe emissions and weakens the regulatory architecture supporting U.S.
This Week’s Regulatory Updates Trump to Fast-Track Permits for Deep-Sea Mining in International Waters: Trump moves to fast-track U.S. deep-sea mining permits in international waters, igniting a clash between critical minerals security and ocean environmental protections. ECB to Intensify Monitoring of Physical Climate Risk Impact: European banks’ green transition plans and ability to manage growing
This Week’s Regulatory Updates: EFRAG releases simplified European sustainability reporting standards: EFRAG claims it will increase competitiveness and reduce the burden on companies. The EU is reviewing the removal of tariffs on Volkswagen EVs built in China: This is a first test since an April understanding between Brussels and Beijing to explore a minimum price deal.
Today’s ESG Updates Higher Threat of Shocks to the Economy: The ECB warns of the high level of threats to the economy from different contributing factors. Avian Influenza: Researchers and doctors assure that it is unlikely to affect humans on a large scale and vaccines would be more available. A photosynthetic bacterium: Common microbe reveals
Today’s ESG Updates EU Hits Back at US Tariffs: The EU will impose new tariffs on US imports in response to the 25% tariffs on EU steel and aluminum, starting mid-April. UK Drops DEI Rule Plans: The UK financial regulators scrap proposed diversity and inclusion regulations due to political pushback. CFA Renames ESG Certificate: The
On November 23, the International Monetary Fund (IMF) announced that it had responded to a Ukrainian request to have a four-month Program Monitoring with Board Involvement (PMB) to support their economic program, anchor macroeconomic policies, and pave the way to a fully-fledged IMF program. An agreement on the PMB proposal was reached after virtual discussions
On Thursday — for the second time in a few days — Mario Draghi “climbed the hill” to the Quirinal Palace to hand in his resignation to Italy’s President Sergio Matteralla. Italian PM Mario Draghi has submitted his resignation amid months of political turmoil https://t.co/Gt2NRIqwlE pic.twitter.com/C6POhLJZEL — Al Jazeera English (@AJEnglish) July 21, 2022 When
READ International, is a multi-award winning charity. They run a very special educational program in Tanzania, aimed at children and adults as well. They provide them with textbooks, dictionaries, fiction books and many other important services. We got to speak with it Director Montse Pejuan. Q. International Aid and Development Charity (Charity Awards 2010); Best Corporate Partnership (Institute of Fundraising