Norway’s oil fund needs to “catch up” with ethical norms

ShareAction: Banks financing oil & gas production despite net-zero pledges


February 18, 2022

European banks are continuing to finance the expansion of oil & gas production despite making net-zero commitments, according to sustainability campaign group ShareAction.

Its data shows that …

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Josh Frydenberg

Australian Senate rejects Frydenberg’s proxy rules


February 11, 2022

Three days after they were set to come into effect, the Australian Senate has overturned Treasurer Josh Frydenberg’s regulations on proxy advisers.

On Wednesday, independent Senator Rex Patrick put forward a …

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Asset owner feedback sought as ISSB builds approach


February 11, 2022

The new standards body is fleshing out its approach with input from the Financial Reporting Council.

Investors have been invited to give feedback on prototype disclosure templates set out …

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human rights, EU

Companies urge EU to extend human rights, environmental rules


February 11, 2022

The letter comes after a delay in the publication of the EU Commission’s proposed legislation.

The EU Commission should extend its planned rules on human rights and environmental …

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DEI

PRI sets out key action areas for DEI


February 11, 2022

The report comes as inequalities are made worse by the Covid-19 pandemic.

Investors and corporations need to take a balanced approach to address each of the three pillars of …

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Rio Tinto plc

Rio Tinto report reveals ‘systemic’ bullying and harassment


February 4, 2022

Anglo-Australian mining firm Rio Tinto has admitted to “systemic” bullying and sexism across its firm, according to an external report.

The review was conducted by Elizabeth Broderick, Australia’s …

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emissions

California eyes mandatory GHG emissions disclosure


January 4, 2022

The California Senate has passed the Climate Corporate Accountability Act, a new bill that requires companies doing business in the state to disclose greenhouse gas (GHG) emissions.

California has become the …

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SEC Headquarters

SEC looking to revive rule on exec pay disclosures


February 4, 2022

The Securities and Exchange Commission (SEC) is calling for public feedback on a proposed rule requiring companies to disclose links between corporate performance and executive compensation.

The …

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Asset managers are avoiding ESG shareholder resolutions

Pooled fund split voting gains further support


January 28, 2022

As more pension schemes have embraced low cost index investment in recent years, many pension scheme trustees have been calling for asset managers to find a way of ensuring their …

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Letter

Companies struggle as US targets forced labour


January 28, 2022

A US law requiring the disclosure of links to potential forced labour could pose more supply chain issues to listed companies as investor scrutiny increases on social issues.

The Uyghur …

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