Author Archives: Liz Pfeuti

WWF call for urgent government action on biodiversity

January 12th, 2024


The Worldwide Wildlife Fund for Nature (WWF) have warned that without major changes by the UK government the food system in England will continue to fail people.

In a …

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climate change

Asset managers failing to utilise shareholder engagement with fossil fuels

January 5th, 2023


Asset managers that finance fossil fuel expansion are failing to effectively employ shareholder engagement tactics.

Asset managers failed to translate their words into actions at fossil fuel …

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european commission

EU diverges from UK on stewardship disclosures

January 3rd, 2023


European regulations could deviate from UK rules on stewardship disclosures following responses to a consultation on the EU’s Sustainable Finance Disclosure Regulation (SFDR).

Asset manager DWS called for greater disclosures …

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ESG, PRI

FCA issues guidance on shareholder cooperation for ESG stewardship

January 2rd, 2024


The Financial Conduct Authority (FCA) has published guidance on ESG stewardship engagement and collaboration in relation to legislation on insider trading.

The UK regulator confirmed that voting intentions …

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BEIS aims to ‘restore’ investor trust in audit and corporate governance

CAQ calls for audit committees to improve disclosure on audit fees

December 22nd, 2023


The Center for Audit Quality (CAQ) has urged companies to disclose more information around audit fees, particularly the connection between them and audit quality.

The Audit

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Japan stewardship code

Japan introduces reforms to boost asset management sector

December 21st, 2023


The Government of Japan has published a new policy plan to position the country as a leading asset management centre, including corporate governance reforms.

The ‘Policy Plan for

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Due Diligence

DQ Entertainment fine highlights importance of governance breaches

December 21st, 2023


Three directors of DQ Entertainment have been fined $30.8 million in a landmark ruling for fraudulent and reckless trading and other breaches of company law.

Directors Rashida Adenwala, Tapaas …

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Global warming and climate change

FRC identifies TCFD disclosures as area of focus

December 14th, 2023


The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial …

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BP petrol station rooftop

Former BP boss to lose £32m after “serious misconduct”

December 15th, 2023


Ex-BP CEO Bernard Looney will forfeit £32 million after he was found to have committed “serious misconduct” by the board.

BP’s board concluded that Looney provided inaccurate and …

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Climate change

SEC delays climate disclosure rules 

December 12th, 2023


The Securities and Exchange Commission (SEC) has pushed the expected adoption of its final climate disclosure rules until April 2024.

The US regulator released its Fall 2023 Reg Flex Agenda, which …

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