Author Archives: Joe McGrath
SEC lambasted over shareholder rights change as companies fail to meet ESG targets

SEC outlines planned risk disclosure changes

The Securities and Exchange Commission (SEC) is proposing to change its regulations on business, legal proceedings, and risk factor disclosures.

The SEC says that the amendments are intended to improve disclosures for investors and …

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ICGN Anti-Corruption Guidance

New anti-corruption guidance available from ICGN

This revised and updated version of the original ICGN Anti-Corruption Guidance, published in 2009, clearly delineates between bribery and corruption.

The International Corporate Governance Network (ICGN) has invited responses from members to revisions …

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Fed claims climate risks

Fed claims climate risks are outside of current scope

The warnings have been coming thick and fast. From the world’s central banks, to leading academics and regulators – many believe the global financial system faces a serious and potentially catastrophic

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BlackRock ups the pressure on Exxon Mobil

Prosecutors allege Exxon pressured witnesses in climate case

US prosecutors have accused Exxon Mobil of harassing investors and intermediaries in the lead up to a forthcoming court battle over whether the energy giant deliberately misled people on the cost of …

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FRC climate "major review"

FRC fines treble to £43m as regulator sends “clear message”

The Financial Reporting Council (FRC) dealt out a record £43m in fines during the past year for misconduct and breaches, as the regulator accelerated cases to conclusion.

The …

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SEC urged to unleash sweeping changes to proxy system

SEC urged to unleash sweeping changes to proxy system

As the SEC’s Proxy Plumbing saga rumbles on, the Commission has signalled that public companies, shareholders and other stakeholders in the US may soon get the transparency in the proxy system …

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Dubai’s stock exchange eyes Middle East sustainability crown

Dubai’s stock exchange eyes Middle East sustainability crown

The Dubai Financial Market has launched a blueprint to promote environmental, social and governance (ESG) issues among listed firms, pledging to become the region’s leading sustainable financial market by 2025.

The Sustainability

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Industrial companies largely ignoring climate risks

Corporate climate ignorance poses threat to pensions

Nearly half of major companies in the highest polluting sectors worldwide are failing to weigh up how climate change will affect their businesses. The findings come from the State of the Transition report

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London Climate Action

UK funds braced for tougher regulatory stance on climate

UK pension funds and listed companies are to be handed a new list of reporting requirements, following publication of the UK government’s Green Finance Strategy at the start of July.

The …

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