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 …
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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 …
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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 …
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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 …
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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.…
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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 …
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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 …
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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…
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