A global body on Wednesday
proposed its first set of comprehensive rules for auditing
climate-related company disclosures in an anticipated move
regulators have said is crucial for giving investors.
In the face of US and Chinese competition, the EU has put forward a draft delegated act on corporate sustainability that lets companies determine themselves if the standards apply to them.
Executives will face bonus cuts if the companies they run fail to hit climate transition targets, under a new European Union proposal that greatly expands