Author Archives: Liz Pfeuti
API, oil, petroleum

Activist group Follow This files resolutions against oil majors 

March 2, 2023


International climate campaign group Follow This has filed shareholder resolutions against four of the world’s largest oil and gas companies urging them to take swifter action to cut …

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DoL, Department of Labor

House passes resolution to repeal DOL ESG rule 

March 2, 2023


House lawmakers have approved a resolution to overturn the Department of Labor’s (DOL’s) new ESG rule for retirement plans, after 25 Republican states filed a suit to invalidate the …

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FCA reforms omit cost to investors


The Financial Conduct Authority (FCA) has been urged to research the potential cost implications for investors of its proposed sustainability regulation reforms.  

The Treasury Committee’s Financial Service Regulation Sub-Committee’s examination of the FCA’s fund …

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SMEs

UK SMEs left behind in green reforms

February 24, 2023


Nine out of 10 UK SMEs fail to understand how the government’s 2050 net zero targets will affect their business, according to the British Chambers of Commerce (BCC). 

The survey …

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Adani Website

Adani pays the price for financing fossil fuels 

February 22, 2023


More investors sell their shares in Adani Group as the firm continues to use green money to finance one of the world’s largest coal mines. 

On February 10, …

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ESG disclosure, Sustainability reporting

IFRS standards effective from January 2024 

February 21, 2023


The International Financial Reporting Standards Foundation’s (IFRS’) new global sustainability and climate disclosure standards will come into effect in January 2024. 

On February 16, the International Sustainability Standards Board (ISSB) …

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Sustainability

UK watchdog consults on sustainability governance frameworks

February 17, 2023


The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.

As part of its commitment to creating a policy approach …

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Shell Logo

Shell board sued over “fundamentally flawed” climate transition strategy

February 16, 2023


British oil giant Shell’s board of directors are being personally sued over an alleged failure to manage climate risks facing the company.

The civil action has been brought …

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SEC lambasted over shareholder rights change as companies fail to meet ESG targets

SEC open to easing controversial climate disclosure proposal

February 15, 2023


Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made.

The ‘Enhancement and Standardization of Climate-Related

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Women on FTSE 350 boards still to hit 33% target

ES issues gaining more support from female fund managers 

February 10, 2023


Female fund managers support environmental and social (ES) proposals more than governance proposals, according to the European Corporate Governance Institute (ECGI). 

The Voting Behaviour of Women-Led Mutual

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