On 27 May 2026, the EU Platform on Sustainable Finance (EU Platform) published its response to the European Commission’s consultation on the Environmental and Climate Delegated Acts. In addition to its main briefing the EU Platform has published two annexes, one for each Delegated Act, setting out the specific recommendations for both substantial
3 April – 3 May 2026
ESG is changing the landscape for financial institutions as stakeholders, including investors, increasingly expect them to make their operations more sustainable.
Financial services regulators also view ESG as a priority, embedding the principles of climate-related financial risks into their supervisory frameworks and dealing with greenwashing issues.
There is
On 26 May 2026, the European Commission (Commission) adopted a Commission Delegated Regulation supplementing Regulation (EU) 2024/3005 (the ESG Rating Regulation) with regard to regulatory technical standards specifying the information to be included in the application for authorisation as an ESG rating provider and in the application for recognition of an ESG
On 21 May 2026, the Financial Conduct Authority (FCA) published its findings from its Transition Finance Pilot (the Pilot) which examined barriers to scaling finance for climate solutions.
Background
Announced as part of the Financial Services Growth and Competitiveness Strategy in July 2025, the Pilot was a market engagement exercise led by
On 18 May 2026, the Australian Securities and Investments Commission (ASIC) shared its observations on the first sustainability reports prepared under Chapter 2M of the Corporations Act 2001 (Cth) (Corporations Act). ASIC is sharing these observations to help other reporting entities as they approach the 30 June 2026 reporting season. ASIC’s
On 8 May 2026, the European Banking Authority (ECB) updated its compendium of non-binding good practices for climate and nature risk management and climate and nature-related stress testing to support banks with know-how to close gaps in their risk management frameworks and address vulnerabilities in the evolving risk environment.
The compendium serves different
On 6 May 2026, the European Securities and Markets Authority (ESMA) issued a public statement presenting the results of its Common Supervisory Action (CSA) on MiFID II sustainability aspects.
The statement summarises the results of the CSA, it highlights the key themes emerged from the work and, in this context, it
On 4 May 2026, the European Parliament’s Economic and Monetary Affairs Committee issued a draft report on the European Commission’s proposal for a Regulation amending Regulation (EU) 2019/2088 on sustainability-related disclosures in the financial services sector (SFDR), Regulation (EU) No 1286/2014 on key information documents for packaged retail and insurance-based investment products (PRIIPs) and repealing
On 29 April 2026, the European Securities and Markets Authority (ESMA) issued a consultation on draft guidelines on endorsement under the ESG Ratings Regulation.
The purpose of the draft guidelines is to ensure that ESG rating providers understand ESMA’s expectations in respect of the application of Article 11(1) of the ESG Ratings Regulation.