Author Archives: Liz Pfeuti
greenwashing

Italy launches greenwashing investigation into Shein’s environmental claims

September 27, 2024


The Italian Competition Authority has opened an investigation into global fashion online retailer Shein due to misleading claims about its sustainability practices on the company’s website.

The anti-trust authority’s …

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BHP

Shareholders withdraw BHP resolution after improvements to climate plan  

September 26, 2024


Three institutional investors representing $110 billion in assets have withdrawn a shareholder resolution against BHP following improved disclosures in the company’s climate transition plan.

Denmark’s largest pension fund, …

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Corporate Governance

Ireland introduces Corporate Governance Code  

September 25, 2024


Euronext Dublin has launched the Irish Corporate Governance Code, which introduces a set of principles that highlight the importance of good corporate governance for achieving long-term success.

The launch follows a recent

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Green energy for clean and sustainable environment. Wind energy used in the industry of factories, machines and technologies. Reducing Co2 emissions and limiting global warming and climate change

SBTi expands revisions to Corporate Net-Zero Standard to refine neutralisation approach

September 20th, 2024


The Science Based Targets initiative (SBTi) has broadened its revisions of the Corporate Net-Zero Standard to refine its approach to neutralisation.

The Corporate Net-Zero Standard provides …

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collaboration

TISFD urged to align disclosures with ISSB’s human capital project 

September 19, 2024


Financial institutions have called on the Taskforce on Inequality and Social-related Financial Disclosures (TISFD) to collaborate with International Sustainability Standards Board’s (ISSB) human capital standard-setting project, rather …

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legal action

September 18th, 2024


ExxonMobil has defended its legal action against shareholders, pledging to continue doing so to ensure that shareholder resolution processes are used responsibly and without causing harm.

Speaking …

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Pay. Businessman holds out british pound sterling money bag. Getting a grant. Mortgage, loan approval. Salary, benefits, profit. Attracting investments. Deposit savings. Banking and crediting. Easy Money.

Investors create tool to assess company pay policies with Minerva Analytics data

September 13, 2024


A group of UK pension funds have collaborated with the High Pay Centre to develop a free-to-access online tool that helps investors assess companies’ annual …

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Sustainable rules, sustainaility

FCA grants temporary flexibility for ‘naming and marketing’ sustainability rules  

September 12th, 2024


The Financial Conduct Authority (FCA) has offered firms temporary flexibility to comply with the ‘naming and marketing’ rules under its Sustainable Disclosure Requirements.

The rules require that …

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Climate plans

Investors urge 76 UK companies to hold climate strategy vote

September 11, 2024


A group of investors with $1.6 trillion assets under management have called on 76 FTSE 100 companies to present their climate transition plans for investor approval.

The …

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fiduciary duties

Republican attorneys claim asset managers are breaching fiduciary duties

September 6th, 2024


A group of 24 Republican attorneys has raised concerns about whether American asset managers are violating their fiduciary duties by outsourcing voting on environmental proposals to proxy advisors.…

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