biodiversity

PRI launches ‘Spring’ engagement process to tackle biodiversity loss

June 27th, 2024


The Principles for Responsible Investment (PRI) has launched the engagement process for Spring, an investor stewardship initiative focused on tackling the material financial risks of biodiversity loss.

The …

Read More
sustainability plans

ISSB starts two-year plan and publishes feedback statement

June 26th, 2024


The International Sustainability Standards Board (ISSB) has started on its two-year work plan to improve harmonisation and consolidation of sustainability disclosure guidance.

The ISSB chair Emmanuel Faber announced that …

Read More
Lawsuit

Exxon lawsuit against shareholder activist voided

June 21st, 2024


A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.

US District Court Judge Mark Pittman concluded that ExxonMobil’s claim is moot and dismissed the lawsuit without prejudice, …

Read More

Pension funds split vote on Musk pay package 

May 19th, 2024


Tesla shareholders were split in their vote on Elon Musk’s $55.8 billion pay package, with many US and international pension funds voting against the measure.

While support from …

Read More
SFDR

ESAs propose introduction of SFDR labels

June 20th, 2024


The three European Supervisory Authorities (ESAs) have published a joint proposal calling for an update to the Sustainable Finance Disclosure Regulation (SFDR).

The regulators, the European Banking Authority (EBA), the European …

Read More
Elon Musk Silhouetted in front of the Tesla logo

Tesla shareholders approve Musk’s huge pay day

June 14, 2024


Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.

The …

Read More
AG Barr

AG Barr Shareholders Vote to Increase New CEO’s Pay

June 12, 2024

Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%, despite the company cutting almost 200 jobs in a strategy pivot earlier …

Read More
Global Reporting Initiative GRI company logo icon on website, Illustrative Editorial

June 13, 2024

The Global Reporting Initiative (GRI) has launched a new review of all its labour-related standards to inform the introduction of proposed changes that address policies on employment relationships.

The review

Read More
ESG target, anti-ESG

Shareholders Vote Against Key ESG Proposals 

June 6, 2024


Shareholders at both McDonald’s and Exxon Mobil have voted against key ESG-related proposals at recent annual general meetings, despite prominent campaigns by institutional investors.

A resolution aimed at curbing the use …

Read More
greenwashing

European Regulators Call for Stricter Supervision to Combat Greenwashing

June 5, 2024


The EU’s three primary financial services regulators have called for improved supervision and market practice to enhance the integrity of sustainability-related claims in the financial sector.

The European …

Read More