Author Archives: Liz Pfeuti
US Dollar, ESG, ESG reporting

Invesco to pay $17.5 million against greenwashing allegations 

November 13th, 2024


 

Invesco advisers have designated $17.5 million to resolve allegations that the firm had been greenwashing, according to the Securities and Exchange Commission (SEC). 

 The allegation follows a claim that

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FRC, Stewardship Code, Corporate Governance Code

FRC to review UK Stewardship Code

November 13th , 2024


 

The Financial Reporting Council (FRC) has launched a consultation on proposed updates to the UK Stewardship Code. 

Running until 29 February 2025, the consultation should follow extensive engagement with over

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jusst transition, TRANSITION PLANS

EU Commission’s advisory body issues guidance on credible transition plans

November 8th, 2024


The European Financial Reporting Advisory Group (EFRAG) has released initial voluntary guidance on how businesses should draw up credible climate transition plans.

The official advisory body to …

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Microsoft

Non-profit warns Microsoft of greenwashing risks from fossil fuel partnerships

November 7th, 2024


A non-profit organisation has called on Microsoft to acknowledge the risks it faces, including greenwashing, due to its partnerships with fossil fuel-linked companies.

In a filing with

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Asia, Bangkok, Smog

Initiative launched to drive investor action on corporate air pollution

November 6th, 2024


Guy’s & St Thomas’ Foundation and CCLA Investment Management have launched a public consultation to tackle corporate air pollution through investor action.

The health foundation and charity …

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Santos

Activist group ACCR sues Santos for greenwashing in a landmark case

November 1st, 2024


The landmark case filed by the Australasian Centre for Corporate Responsibility (ACCR) accusing Santos of greenwashing has been brought to the Federal Court of Australia.

In …

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shareholder rights

ICGN recommends changes to European shareholder rights

October 31st, 2024


The International Corporate Governance Network (ICGN) has issued recommendations to the European Commissions aimed at harmonising shareholder rights and creating more cohesive legislation.

The non-profit organisation, which is backed by …

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nature

TNFD publishes nature transition guidance

October 31st, 2024


The Taskforce on Nature-related Financial Disclosures (TNFD) has published a discussion paper setting out draft guidance on nature transition planning.

For corporates and financial institutions, the paper details how to develop and …

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Starbucks

Starbucks shareholders sue over alleged stock inflation by $227 million

October 25th, 2024


Starbucks shareholders are suing the company’s executives, alleging they misled investors about future growth and revenues, which artificially inflated the stock buyback program.

Multiple shareholders have filed

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Ohio pension funds sue Boeing for safety failures

October 24th, 2024


Two Ohio pension funds have joined in a lawsuit against Boeing’s board of directors for failing to address ongoing safety issues that have harmed the company and its investors.…

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