European regulators have removed temporary bans on short selling that have been in place since the height of the pandemic-induced selloff in March.
Authorities in Austria, Belgium, France, Greece, Italy and Spain allowed their bans to expire at midnight on …
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Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds.
Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages …
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Energy giant Total has committed to achieving net zero carbon emissions by 2050 or sooner, following engagement with leading investors through Climate Action 100+.
The agreement means all Europe-based oil and gas majors are now working towards the net zero …
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Investor organisations have hit out at lobbying from custodians, securities lenders and other financial services groups to delay the implementation of the second Shareholder Rights Directive (SRD II).
In a letter to the European Commission, EU consumer group Better Finance…
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The Securities and Exchanges Commission (SEC) has shelved proposals that would have limited the power of shareholder advisory firms in corporate decision making.
The SEC is scrapping a portion of its proposal that would have forced proxy advisers to submit …
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Minerva Analytics has entered into a collaborative partnership with portfolio management technology provider Ryedale to incorporate environmental, social and governance (ESG) data into the fund management investment process.
The joint work is aimed at asset owners, asset managers and regulators …
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A former senior judge and leading US advocate for workers’ rights has joined law firm Wachtell, Lipton, Rosen & Kratz.
Leo Strine, a former Delaware Supreme Court Chief Justice, is known for arguing that corporations should focus more on their …
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A new international lobby group has been formed to pressure governments to introduce regulations around companies’ impacts on human rights.
The group, called the Investor Alliance for Human Rights, is comprised of 105 international investors representing $5trn in assets under …
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The COVID-19 pandemic has placed a renewed emphasis on the ‘social’ aspect of environmental, social and governance (ESG) investing.
Companies that place a high priority on the wellbeing of staff are likely to be those that succeed in the …
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