Author Archives: Liz Pfeuti
TCFD

The UK’s Department for Work and Pensions (DWP) has set out plans for reporting requirements and climate risk assessment for pension schemes. This comes as the TCFD launches its own consultation to determine the future of its reporting standards.

In …

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PRI, Fiona Reynolds

Fiona Reynolds announces exit from the PRI


June 11, 2021

Fiona Reynolds, CEO of the United Nation’s Principles for Responsible Investment (PRI), is to step down from the organisation at the end of the year.

She has led the PRI, …

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ESG, Sustainability

ESG reporting can overcome businesses’ sustainability shortcomings


June 4, 2021

There is no doubt that the proliferation of ESG investing has coincided with the raised profile of social and environmental sustainability, exacerbated or highlighted by the COVID-19 pandemic.

The sustainability …

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Diet Japan

Japan confirms 2050 decarbonisation objective


June 4, 2021

Japan’s upper chamber has passed a bill amending its ‘Act on Promotion of Global Warming Countermeasures‘, cementing efforts to achieve decarbonisation by 2050 in line with the Paris Agreement and …

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SEC Logo

SEC chair instigates proxy rule change reversal


June 4, 2021

The Securities and Exchange Commission (SEC) has begun the process of reversing rule changes brought in under the Trump administration.

Enforcement actions relating to amendments to the proxy voting advice …

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Trump

Biden orders reversal of Trump’s anti-ESG measures

The executive order calls for regulators to directly address climate change risks.


May 28, 2021

US President Joe Biden has issued an executive order calling for federal agencies and financial regulators to …

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CFA Institute

CFA Institute publishes draft ESG disclosure standards


May 28, 2021

CFA Institute has published draft voluntary standards for ESG disclosures for investment managers.

The draft standards are designed to be applied to any product on a case-by-case basis regardless of …

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ExxonMobil

Exxon AGM & Shell ruling major victories for climate activists


May 28, 2021

ExxonMobil and Royal Dutch Shell face significant change after victories for climate activists this week.

Activist hedge fund Engine No 1 gained shareholder backing to install two …

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Offshore Accounts, Taxes

International investors push for tax transparency law


May 21, 2021

Investors managing $2.9 trillion worth of assets have written to US congressional leaders calling on them to back a new law to improve tax transparency.

The 66 institutional investors are …

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SEC creates new senior climate change role

Ceres calls for SEC to get tough on green disclosures


May 21, 2021

Not-for-profit sustainability advocacy organization Ceres is urging companies and investors to get behind its campaign for more disclosure on carbon footprints.

The Boston-based group is calling on …

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