The company will no longer use cotton from China’s Xinjiang region
Marks & Spencer has become the first top-tier UK clothing company to formally announce it will cut all ties with suppliers that are connected to the forced labour of …
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An investment industry initiative set up to help escalate material issues with UK-listed companies has reported its strongest year to date for collective engagement activity.
The Investor Forum said 2020 had proved to be a watershed year for the development …
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Government takes up the plight of Uyghur Muslims
The UK government is introducing new rules to prevent the import of goods suspected of using forced labour in China’s Xinjiang province.
Foreign secretary Dominic Raab told the House of Commons on …
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Reform is an “urgent priority”, says accountancy body chief
The accounting industry is urging the government to prioritise reform of the sector following the appointment of Kwasi Kwarteng as business secretary.
Michael Izza, chief executive of the Institute of Chartered …
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Investors file resolution calling on bank to publish strategy and targets
Some of Europe’s biggest pension funds and asset managers have filed a shareholder vote urging HSBC to cut its lending linked to fossil fuels.
Fifteen institutional investors with a …
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The UK pension investor among those demanding government protects minority shareholders in its listings review
RPMI Railpen, the investment manager for the railways pension schemes, is urging the government to protect minority shareholder rights in its response to HM Treasury’s …
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More than 450 asset managers and pension funds responded to a consultation on standardised reporting
Some of the world’s biggest pension funds and institutional investors are backing the International Financial Reporting Standards Foundation’s (IFRS) proposal for standardised sustainability reporting.
Last …
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The exchange will drop three Chinese telecoms companies after criticism from the US Treasury
The New York Stock Exchange has decided to delist China’s three largest telecoms giants after reversing the decision just a few days earlier.
NYSE said it …
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Companies could be delisted if they fail to meet ‘comply or explain’ requirement
The Council of Institutional Investors (CII) has thrown its weight behind Nasdaq’s proposal that would require companies to disclose board diversity or potentially face delisting.
In a …
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Listed companies required to make climate-related disclosures from January
The FCA has set out how it will enforce new climate disclosure rules for UK listed companies.
The new rules will require all companies listed on the London Stock Exchange to …
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