Author Archives: Liz Pfeuti
American Airlines

Judge rules American Airlines unlawfully considered ESG factors in 401(k) plan

January 15th, 2025


A Texas federal judge has ruled that American Airlines violated federal law by allowing ESG factors to influence its employee retirement plan, Reuters reports.

Judge …

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Cybersecurity

Investors urged to recognise financial materiality of cybersecurity

January 10th, 2025


Railpen and Royal London Asset Management have called on investors to acknowledge cybersecurity as a key financial risk to their portfolios which must be addressed.

A joint report between …

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London. UK- 03.01.2023. The online wed pages of the fast fashion retailer giant Shein on a smartphone.

Shein faces criticism for failing to address forced labour concerns

January 9th, 2025


Shein has faced backlash after MPs criticised the online fashion retailer for its lack of transparency regarding the origin of its cotton and raised concerns about potential …

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Investors file resolutions for LNG and AI oversight at Shell and Berkshire Hathaway

January 9th, 2025


Activist investors have filed shareholder resolutions against Shell and Berkshire Hathaway ahead of both companies’ annual general meetings (AGMs) which are to be held …

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December 18th, 2024


Ceres’ latest scorecard revealed that while the 10 US financial regulators have taken hundreds of actions over the last 18 months to address the systematic financial …

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California Air Resources Board (CARB)

California lawmakers threaten regulator

December 18th, 2024


California lawmakers have threatened the California Air Resources Board (CARB) in a letter concerning legislative oversight hearings. 

California State Senators Scott Wiener and Henry Stern have warned the regulator with legislative oversight hearings

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Hong Kong, ESG

Hong Kong releases climate reporting standards

December 17th, 2024


Hong Kong’s Institute of Certified Public Accountants (HKICPA) has published new climate reporting standards.

Both new standards, HKFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and HKFRS S2 …

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swiss stewardship code, Switzerland

Switzerland proposes expanding scope of mandatory climate reporting

December 13, 2024


Switzerland has proposed broadening the scope of companies subject to mandatory climate reporting.

The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, …

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ESG, PRI

Oklahoma pushes forward with efforts to reinstate an anti-ESG law

December 13, 2024


Oklahoma’s Attorney General has appealed to the state’s Supreme Court to reinstate an anti-ESG law which was previously struck down in the ruling of a lower court.…

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Shell petrol station

Greenpeace and Shell settle $11m lawsuit

December 12th, 2024


Environmental activist group Greenpeace has reached a settlement with Shell over an $11 million lawsuit stemming from protests aimed at pressuring the oil giant to reduce carbon emissions.

Shell attempted to

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