Investors get louder on demands for climate action: boardrooms stall and lurch in response
May 21st 2024
Institutional investors and shareholder advocacy firms across the world are increasingly calling for more action from energy companies in response to the climate …
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Flatout at flatex? Demands for leadership change at June’s Virtual AGM
May 17th, 2024
A high-stakes shareholder fight has broken out at Germany’s fintech brokerage flatexDEGIRO AG. After a flurry of senior management changes, twenty percent shareholder, GfBk Gesellschaft für …
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UN report shows how businesses benefit from engagement with SDGs
May 17th, 2024
Businesses incorporating the UN’s Sustainable Development Goals (SDGs) into their operations will see significant benefits, according to a new report.
The UN’s SDG Showcase report showed that …
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Oklahoma AG fires counsel after anti-ESG law blocked by judge
May 17th, 2024
Oklahoma Attorney General Gentner Drummond has fired the Treasurer-appointed legal counsel on the state’s anti-ESG law case.
The move followed District Court Judge Sheila Stinson’s decision last …
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Canadian regulator launches greenwashing investigation into lululemon
May 16th, 2024
Competition Bureau Canada has begun an investigation into lululemon over allegations of greenwashing.
The investigation comes after stand.earth, an environmental advocacy organization, filed a complaint with the bureau claiming lululemon …
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More CEOs are prioritising sustainability
May 10th, 2024
The majority of CEOs are prioritising delivering on their sustainability journey but face challenges from the broader economic market.
EY’s CEO Outlook survey found 77% of CEOs surveyed said that delivering on …
SDR will bring more “trust and integrity” to financial services
9th May, 2024
The Financial Conduct Authority (FCA) has predicted its Sustainability Disclosure Requirements (SDR) labels will improve consumers’ perception of the financial services industry.
Sacha Sadan, director of ESG …
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CII open to comments on class votes proposals
May 8th, 2024
The Council of Institutional Investors (CII) has invited members to comment on its proposal calling for dual-class companies to provide vote results on a class-by-class basis.
Under a typical …
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ICMA, IsDB and LSEG publish sustainability sukuk guide
May 3rd, 2024
Leading groups in sustainable finance have released guidance for issuers of green, social and sustainability sukuk.
The International Capital Market Association (ICMA), the Islamic Development Bank (IsDB) and London …
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Heavy industries not on track for Paris Agreement goals
May 2nd, 2024
Aluminium, cement and steel industries are not aligned with a 1.5-degree trajectory, as set out in the Paris Agreement.
The World Benchmarking Alliance’s (WBA’s) first 2024 Climate and …
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