Sustainability reporting

EU prepares to fast track Omnibus proposals after the commission’s request

March 7, 2025


European co-legislators have started preparing and approving a series of changes aimed at simplifying sustainability reporting requirements after the European Commission called for these changes be …

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USA climate change vesus financial gains

BP excludes vote on changes to climate strategy at AGM

March 7, 2025


BP has opted not to include a vote on its climate plan at its upcoming AGM, despite investor calls for one following a fundamental overhaul of its …

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ESG, International bodies

International accountancy bodies unite to develop ESG disclosure frameworks

March 6, 2025


Several global and European accounting organisations have collaborated on a project to develop consistent frameworks for ESG disclosures.

The organisations are working together to establish harmonised guidelines to …

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Environment Law.Carbon credit law. gavel and Green globe with Environment icons on a green background. environmental protection and eco-friendly legislation law. sustainable environmental conservation

European Commission proposes a raft of changes to sustainability regulations

February 28, 2025


The European Commission has proposed a series of reforms to its sustainability regulations, aimed at reducing red tape and streamlining rules for EU businesses.

The Omnibus Package

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oil and gas

BP shifts from renewable energy to oil and gas despite investor concerns

February 28, 2025


BP has moved forward with plans to switch from investing in renewable energy to oil and gas, despite calls from a group of investors for …

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Apple

Apple becomes the latest firm to reject a proposal to scrap DEI policies

February 26, 2025


Apple shareholders are the latest to vote against a proposal to scrap the company’s diversity, equity, and inclusion (DEI) programme.

The National Center for …

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ESG

EU’s Omnibus Directive: A Retreat from ESG Leadership or Strategic Pause?

February 26, 2025


As the European Union moves forward with the Sustainable Corporate Sustainability Due Diligence Reporting (SCSDR) Omnibus Directive, the bloc appears to be at a political …

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Shareholder proposals

Shareholder Proposals: Contested Battlefield or an Essential Investor Right?

February 26, 2025


The ability of shareholders to submit proposals is a fundamental investor right that underpins corporate accountability and good governance. However, this right is facing increasingly heavy headwinds as regulatory …

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Hong Kong, ESG

Hong Kong’s MPFA Enhances ESG Transparency in Pension Fund Management

February 26, 2025


The Hong Kong Mandatory Provident Fund Schemes Authority (MPFA) has introduced new Environmental, Social, and Governance (ESG) disclosure requirements for the 12 pension fund managers operating within …

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BP petrol station rooftop

BP could scrap climate plans amid pressure to boost profits

February 21, 2025


BP may withdraw its climate plans as shareholder pressure to boost profits intensifies, especially after activist investor Elliott Management acquired a £3.8 billion stake.

Elliott’s stake makes …

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