UK asset managers U-turn on climate at oil firms’ AGMs
21st July, 2023
Some of the biggest UK asset managers have withdrawn their support for a shareholder resolution to cut carbon emissions.
UK AMs including Legal & General, Schroders …
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Republican-led FSC attempts to crack down on ESG
July 18, 2023
The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.…
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€2.1tn investor coalition forms to tackle digital harm
July 14, 2023
A coalition of investment firms representing €2.1tn in AUM has launched to tackle digital harm, focusing on the largest companies in the media, Internet and gaming sectors.
Sycomore …
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Kenyan workers’ case to be heard in Scotland
July 14th, 2023
A Scottish court has ruled that it will allow a case brought by Kenyan farm workers against a major global tea firm to be heard in Scotland.
Up …
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TPR launches first trustee diversity survey
July 11th, 2023
The Pension Regulator (TPR) is calling on trustees to take part in its first diversity and inclusion survey, to build a clearer picture of the make up of UK boards.
The …
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ICGN calls for further changes to European Sustainability Reporting Standards
July 8th, 2023
The International Corporate Governance Network (ICGN) has called on the European Sustainability Reporting Standards (ESRS) to provide more support for investors to help them meet disclosure requirements.…
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North Carolina anti-ESG bill becomes law
July 6, 2023
A North Carolina anti-ESG bill has become law after a Democratic veto was overturned.
The new law prohibits state agencies and state pension plan fiduciaries from considering ESG measures when …
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US banking regulation bill gains bipartisan support
June 27, 2023
Democrat Senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.
In cooperation with …
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EFRAG calls for financial advisory panel members
June 22, 2023
The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
The bodies are being established to …
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UK proposes anti-boycott bill
June 22, 2023
The UK government’s proposed legislation aimed at preventing local councils from imposing boycotts on Israeli goods is an attack on freedom of expression, according to civil society groups.
The Economic Activity of Public …
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