Author Archives: Liz Pfeuti
EU Reporting

EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties

March 7th, 2024


The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the …

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Sustainable Stewardship Greenwashing

SEC adopts final rules on climate disclosures with no Scope 3 requirement

March 7th, 2024


The Securities and Exchange Commission (SEC) has finalised its climate disclosure rules after more than a year wrestling over the requirements.

The final rules will …

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Power on blue sky

Oklahoma advances amendments to controversial anti-ESG law

March 5th, 2024


The Oklahoma legislature has advanced two bills to amend its anti-ESG law, which introduces regulations for state pension systems considering ESG factors in investment decisions.

Oklahoma’s Energy Discrimination Elimination Act …

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jusst transition, TRANSITION PLANS

Just transition will need to harness finance services

March 5th, 2024


The just transition will need to rely on the finance sector to ensure the global transition to a resilient, net-zero and nature-positive economy is done in a socially inclusive …

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Fed claims climate risks

Proxy voting services will not fall under SEC jurisdiction

February 29th, 2024


A federal court has ruled in favour of a challenge to the Securities and Exchange Commission’s (SEC’s) rule classifying proxy voting research services as a “solicitation”.

The court …

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FRC

FRC launches stewardship code review

28th February, 2024


The UK’s Financial Reporting Council (FRC) has launched a review of the UK Stewardship Code 2020 to ensure it supports the growth of the UK’s competitiveness on the global stage.

The review

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UK House of Lords, House of Commons, Palace of Westminster

Boycott bill passes through UK House of Lords

February 23rd, 2024


The UK House of Lords has passed a bill prohibiting public authorities from participating in boycotts, divestment and sanctions campaigns.

The Economic Activity of Public Bodies (Overseas Matters) bill …

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PLSA

PLSA uses Minerva’s briefing as supporting evidence for their voting guidelines

February 21st, 2024


The Pensions and Lifetime Savings Association (PLSA) used Minerva Analytics data as supporting evidence for its voting guidelines. 

The PLSA has released its Stewardship and Voting

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Stock market

China Stock Exchange releases sustainability reporting requirements

February 20th, 2024


China’s major stock markets have announced sustainability reporting guidelines to be adhered to from 2026 and to include a double materiality approach.

China’s three major stock markets, the Shanghai Stock …

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Environmental, Social and Corporate Governance. ESG concept. Banner with letters and icons in circles. Eco-friendly infographic. Vector illustration

Anti-ESG sentiment in US could spread to Europe

February 16th, 2024


Opposition to ESG investment in the US could reach Europe, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen has warned.

Anti-ESG sentiment has been on the rise in the …

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