December 9th, 2022
Australia’s largest banks expect to reduce exposure to climate-risk affected industries, according to new research by the Australian Prudential Regulation authority (APRA).
The Climate Vulnerability Assessment revealed banks intend …
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December 8th, 2022
A holding $2bn in size is being divested from BlackRock by Florida, in the latest development of Republican US states shunning environmental, social, and governance-focused investment.
The divestment includes $1.43bn worth …
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December 6th, 2022
Legislative reforms to tackle the increased use of strategic litigation against public participation (SLAPP) cases against journalists and watchdogs have been proposed by the UK government.
The new legislation will prevent …
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November 30, 2022
New standardised ‘high level’ cybersecurity rules are being proposed for the EU by the European Council, which will bring more firms under this regulatory reach.
Called NIS2, this new directive…
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November 23, 2022
The US Department of Labor (DOL) has issued a final rule to replace controversial regulation regarding inclusion of ESG investments in pension plans.
The Prudence and Loyalty …
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November 22, 2022
A major greenwashing study has been launched by three of Europe’s most powerful financial regulatory bodies.
The study is currently built around a call for evidence aimed at gathering information …
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November 18, 2022
AGL Energy’s Board was overhauled at its recent AGM due to concerns over its climate risk management and a shareholder campaign by tech billionaire Mike Cannon-Brookes. AGL is Australia’s largest greenhouse gas …
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November 18, 2022
The European Union has told world leaders at the COP27 summit it plans to update its already ambitious emissions-cutting target over the coming year.
The 27-country bloc’s upgraded mission statement …
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November 18, 2022
Rishi Sunak has urged the UK’s top executives to demonstrate leadership during the cost-of-living crisis by showing “restraint” with their pay.
The British Prime Minister made the comments as …
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