Banks have poured $307bn into high-risk forestry and agriculture companies linked to tropical deforestation since the Paris Agreement was signed, a report by the Forests & Finance Coalition has found.
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The Global Reporting Initiative (GRI) and European Financial Reporting Advisory Group (EFRAG) have partnered to launch the GRI-ESRS Interoperability Index, guidance on how to align both group’s standards.
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Asset managers are failing asset owners on stewardship December 1st, 2023 The UK Asset Owner Stewardship Review has found considerable misalignment and misunderstanding on stewardship issues between asset owners and asset managers. The review is based on findings from the UK Asset Owner Roundtable from asset owners and managers, which including a range of high-profile […]
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ICEV warns dual-class shares will harm investor interests December 1st, 2023 A report by the Investor Coalition for Equal Votes (ICEV) on unequal voting rights has urged companies with dual-class share structures to switch to single-class to equalise investor voting rights. A dual-class share structure involves a company issuing two share classes – one typically […]
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Starbucks Corporation is set to become the latest company to face a proxy contest after a coalition of labour unions nominated directors for election to its board due to concerns over the firm’s approach to labour rights.
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The Financial Conduct Authority (FCA) has revealed its final Sustainability Disclosure Requirements (SDR) and investment label regime, including a new ‘mixed goal’ label.
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A coalition of faith-based institutional investors has called on US companies in traditionally low-wage sectors, such as hospitality and retail, to start paying a living wage to workers as inflation continues to eat into incomes.
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2023 had the highest number of shareholder proposals, but support for proposals fell in each category other than governance, according to the latest Minerva Shareholder Proposals Annual Review.
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The Investor Initiative on Hazardous Chemicals (IIHC) has warned chemical companies to quit production of PFAS chemicals, calling them the “new asbestos” for the sector.
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The UK Financial Conduct Authority (FCA) found many firms must improve their disclosures to meet the Sustainability Disclosure Requirements (SDR).
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