Author Archives: Liz Pfeuti
Diversity

EU Lawmakers outline new board diversity regulations


June 10, 2022

EU-listed companies to have at least 40% of their non-executive director positions held by women by 2026

New board diversity requirements have been outlined by the European Council and European …

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UK External Board Evaluation

IFRS expands sustainability board to six members


June 10, 2022

Follows the appointment of former Danone CEO and chairman Emmanuel Faber

The International Financial Reporting Standards (IFRS) Foundation has appointed four members to its International Sustainability Standards Board (ISSB) to …

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Consumer groups slam attempt to delay SRD II

Shareholders push back against TotalEnergies


20 May, 2022

The coalition has accused TotalEnergies of being “neglectful” of shareholder rights.

A shareholder coalition has stated it will vote against TotalEnergies’ executive pay and sustainability and climate progress report after the company …

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BHP faces shareholder anger over fossil fuel

Woodside shareholders back merger with BHP


20 May, 2022

Shareholders were less supportive however of the company’s climate plan.

Woodside Petroleum’s shareholders voted 98.66% in favour of a merger with BHP’s petroleum arm at the company’s AGM.

The merger would …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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Icahn

Activist investor pressures Mcdonald’s on supply chain abuses


13 May, 2022

Recent claims on pork production “pull wool over eyes” of investors, Icahn

Activist investor Carl Icahn has written to fellow McDonald’s shareholders taking issue with the company’s continued failure …

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SEC urged to unleash sweeping changes to proxy system

SEC extends comment period on climate risk consultation


13 May, 2022

Deadline for comments on The Enhancement and Standardization of Climate-Related Disclosures for Investors, now 17 June 2022.

The Securities and Exchange Commission (SEC) has extended the comment period for …

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SBTi

SBTi warns Asset managers over passive fund emissions


May 13, 2022

To have targets approved by the SBTi, asset owners must include passive funds in carbon estimates.

The UN-backed Science Based Targets initiative (SBTi) has warned asset managers should prepare …

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Vale

SEC charges Brazilian mining company over safety claims

May 6, 2022


The charges follow the deadly Brumadinho dam collapse in January 2019. 

The Securities and Exchange Commission (SEC) has charged Brazilian mining company Vale S.A. with making “false and misleading” …

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HSBC

May 6, 2022


The accusation comes after the regulator warns of a crackdown on misleading environmental ads. 

The UK’s Advertising Standards Authority (ASA) has accused HSBC of misleading customers in its adverts on the company’s green initiatives, according to a …

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