FRC

FRC scraps ESG policies as audit reforms left out of government agenda

November 8th, 2023


The Financial Reporting Council (FRC) will drop several proposals related to ESG set out in its UK Corporate Governance Code after it was dropped from …

Read More
Legislation and deals to protect the environment from climate change

Subpoena issued to US shareholder activist organisation 

November 7th, 2023


The US House Judiciary Committee has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.

As You Sow …

Read More
european commission

NGOs urge EU policymakers to prioritise sustainable finance 

November 3rd, 2023


A group of over 20 NGOs coordinated by responsible investment charity ShareAction are calling on European policymakers to make sustainable finance a top priority in the 2024-2029 EU …

Read More
Boohoo

Boohoo investors launch lawsuit after modern slavery scandal 

November 2nd, 2023


Boohoo is facing a £100 million lawsuit from investors after modern slavery allegations wiped more than £1 billion from its value, according to reports.

Sovereign wealth funds, local …

Read More
COVID-19 brings social investment to the fore

ICGN supports public disclosure of remuneration policies 

November 2nd, 2023


The International Corporate Governance Network (ICGN) has backed calls by the Fair Reward Framework for companies to publicly disclose their executive remuneration policies.

In its response to the asset …

Read More
TCFD Climate Disclosures

Only 4% of companies disclosing in line with full TCFD 

October 26th, 2023


Just 4% of companies are reporting in line with all 11 of the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations, according to its latest status report.…

Read More
nature risks

A4S releases guide for managing nature risks 

October 25th, 2023


Accounting for Sustainability (A4S) has published its recommendations for pension fund chairs and trustees to handle nature-related risks and opportunities.

The organisation has released a guide with five top …

Read More
ESG disclosure, Sustainability reporting

South Korea delays ESG disclosure rules 

October 24th, 2023


South Korea’s Financial Services Commission (FSC) will postpone implementing ESG disclosure rules following similar moves from other countries.

The regulator said it would delay the implementation until after 2026 after …

Read More
shareholder rights

CCGG warns law firm’s proposed by-law weakens shareholder rights 

October 20th, 2023


The Canadian Coalition for Good Governance (CCGG) has criticised a proposed bylaw that would give companies the ability to automatically postpone AGMs if votes against a director …

Read More
biodiversity

FfB publishes guide on biodiversity 

October 19th, 2023


The Finance for Biodiversity Foundation (FfB) has released recommendations for financial institutions on managing biodiversity and the climate nexus, the interaction between biodiversity and climate change.

The Unlocking the biodiversity-climate nexus

Read More