Opposition to ESG investment in the US could reach Europe, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen has warned.
Read MoreThe Net-Zero Asset Owner Alliance (NZAOA) has warned that asset owners would only be able to meet their clients’ net zero aspirations through climate stewardship.
Read MoreThe Financial Markets Law Committee (FMLC) has published a review on pension fund trustees’ fiduciary duties in relation to sustainability amid widespread uncertainty in the industry.
Read MoreThe US Chamber of Commerce has filed a lawsuit against the state of California over its new corporate climate disclosure laws.
Read MoreAustralia proposes new law on climate reporting February 5th, 2024 The Australian government has proposed a new law to establish a climate risk disclosure framework, introducing new reporting requirements for companies. The draft legislation amends the Australian Securities and Investment Commission Act 2001 and the Corporations Act 2001 to introduce standardised climate-related reporting requirements. The […]
Read MorePensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.
Read MoreA judge has ruled in favour of a small Tesla shareholder, voiding Elon Musk’s $56 billion pay package and calling it “unfair” to shareholders.
Read MoreThe Netherlands arm of Friends of the Earth, Milieudefensie, has filed a climate lawsuit against financial services group ING, calling on it to halve its carbon emissions.
Read MoreFRC revises corporate governance code January 26th, 2024 The Financial Reporting Council (FRC) has announced revisions to the UK Corporate Governance Code that enhance transparency and accountability, primarily through an update to how boards approach internal controls. The FRC said changes will aim to help support the growth and competitiveness of the UK and its […]
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