climate reporting

Australia steps closer to mandatory climate reporting

August 29th, 2024


The Australian senate has passed a bill to introduce mandatory climate reporting for large and medium-sized companies as part of the government’s sustainable finance strategy.

Senators voted 34-25 to support …

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Vote under scrutiny

Border to Coast expands ESG voting and engagement scrutiny

August 16th, 2024


Border to Coast Pensions Partnership is advancing its monitoring of its wider external manager ESG voting and engagement to boost support for ESG resolutions.

The pension pool, which …

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The Australian Competition and Consumer Commission or ACCC, an independent authority of the Australian government.

PRI, ACSI and ASFI call for focus on social factors in sustainability guidance

August 16th, 2024


Investor groups have urged the Australian Competition and Consumer Commission (ACCC) to include social factors in its draft guide to sustainability collaborations.

The draft

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climate risk

Major companies falling short on nature assessments

August 14th, 2024


The majority of companies are failing to evaluate and measure their impact and dependence on nature.

The World Benchmarking Alliance (WBA) Nature Benchmark, which assesses more than 800 companies, …

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European Commission

US House Judiciary demands data from CA100+ members

August 9th, 2024


The Republican heads of the US Judiciary Committee have written to over 130 companies demanding information on their Climate Action 100+ (CA100+) membership.

The letters, which described the …

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ESG Ratings

UK government to introduce law regulating ESG rating agencies

August 9th, 2024


The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies.

On a visit to Toronto, …

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Greenwashing

Mercer faces $11.3m penalty over greenwashing

Augusr 7th, 2024


The Australian Securities and Investments Commission’s (ASIC) case against Mercer Superannuation (Australia) has led to the Australian Federal Court fining the firm $11.3 million.

In the landmark case, ASIC’s first …

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Detached concept and disconnected symbol as two different ropes tied and linked together as a breaking chain and losing trust or faith metaphor as separation and divorce or broken relationship.

ACCR cuts ties with Rio Tinto after anti-climate lobbying

August 1st, 2024


The Australasian Centre for Corporate Responsibility (ACCR) has disengaged with mining company Rio Tinto following negative advocacy.

ACCR announced it would no longer work with the company to …

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ESG

Pension schemes too focused on minimum ESG requirements

August 1st, 2024


The Pensions Regulator (TPR) found that many pension trustees are only delivering on the minimum requirements for the ESG duties.

The UK regulator’s Market Oversight: ESG report found that …

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ESMA

ESMA releases opinion on sustainability framework

July 30th, 2024


The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.

The financial markets regulator said that while the framework …

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