ESG

SEC proposes new rules against greenwashing in ESG funds


June 10, 2022

The proposal sets out three types of ESG funds and what they are required to disclose.

The US Securities and Exchange Commission (SEC) has introduced a proposal aiming …

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Diversity

EU Lawmakers outline new board diversity regulations


June 10, 2022

EU-listed companies to have at least 40% of their non-executive director positions held by women by 2026

New board diversity requirements have been outlined by the European Council and European …

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UK External Board Evaluation

IFRS expands sustainability board to six members


June 10, 2022

Follows the appointment of former Danone CEO and chairman Emmanuel Faber

The International Financial Reporting Standards (IFRS) Foundation has appointed four members to its International Sustainability Standards Board (ISSB) to …

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LGPS, Pensions, Pension

Minerva is delighted to have been reappointed to the latest edition of the National LGPS Framework for Stewardship Services. Minerva has been appointed across all four specialist lots and together with our partners at Engagement International, we will deliver fully …

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Executive Pay the most talked about issues in Corporate Governance

Amazon shareholders vote against socially-focussed resolutions


May 27, 2022

On May 25th 2022, 15 investor-led resolutions, that took aim at company policies ranging from mistreatment of workers to nondisclosure agreements, failed to pass after the majority of Amazon shareholders voted …

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Due Diligence

Civil society groups call for stronger corporate sustainability due diligence


May 27, 2022

Following the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal …

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SEC forms climate and ESG taskforce

SEC fines BNY Mellon over false ESG statements


May 27, 2022

On May 23rd, 2022, The Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor, Inc. for misstatements and omissions about ESG considerations in undertaking investment decisions for mutual …

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Consumer groups slam attempt to delay SRD II

Shareholders push back against TotalEnergies


20 May, 2022

The coalition has accused TotalEnergies of being “neglectful” of shareholder rights.

A shareholder coalition has stated it will vote against TotalEnergies’ executive pay and sustainability and climate progress report after the company …

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BHP faces shareholder anger over fossil fuel

Woodside shareholders back merger with BHP


20 May, 2022

Shareholders were less supportive however of the company’s climate plan.

Woodside Petroleum’s shareholders voted 98.66% in favour of a merger with BHP’s petroleum arm at the company’s AGM.

The merger would …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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