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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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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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 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 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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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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Republicans challenge DOL’s ESG rule
February 8, 2023
In the latest anti-ESG action taken in the US, Republicans in the Senate and House have filed joint bills to nullify the Department of Labor’s (DOL’s) new ESG rule for retirement plans. …
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EU plans for MVR “lacking legal basis”
February 3, 2023
The European Commission’s (EC’s) plans to harmonise the structure of multiple-voting rights (MVR) for SMEs have been criticised for “lacking” any legal basis.
A piece on the Oxford Business Law …
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FRC plans common framework for 2023
February 2, 2023
The UK’s Financial Reporting Council (FRC) has committed to developing a common framework for ESG reporting in the country over the coming year.
The ‘FRC ESG Statement of Intent: What’s …
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UK House of Lords debates transparency improvements for FS bill
January 31, 2023
The UK’s House of Lords has debated proposed amendments to the Financial Services and Markets Bill to improve voting transparency.
On January 30, the Lords considered revisions …
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