Boardroom woes sees more departures from EasyJet

Boardroom woes sees more departures from EasyJet

Further turmoil has gripped budget airline EasyJet after two board members announced their departure amid the ongoing bitter row between the leadership team and founder Stelios Haji-Ioannou over a plane order.

EasyJet ordered …

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UK pensions sector gets closer to adopting stronger ESG rules

Regulators: Beware of climate risks in actuarial forecasts

Regulators are warning that risks from climate change pose a significant threat to the quality and accuracy of actuarial work.

This latest warning from the Joint Forum on Actuarial Regulation – which …

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emissions

Report: Fossil fuel bank lending could torpedo capital markets

Rules governing lending to fossil fuel-intensive companies need tightening to protect investors and the financial stability of capital markets, a report has warned.

In its report, Breaking the Climate Finance Doom

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Carney: Data interpretation key to zero carbon transition

Carney: Data interpretation key to zero carbon transition

Investors must learn how to interpret, and apply, the increasing volume of ESG data if they are to formulate successful strategies to tackle climate change, according to the former Bank of England …

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IMF warns equity investors over climate risk

IMF warns equity investors over climate risk

Equity investors will increasingly have to consider the physical impacts of climate change on their portfolios, according to recent guidance from the International Monetary Fund.

In a written update on its website, the …

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EU Flags in front of the European Commission

European Commission pushes ahead with SRD II

The European Commission will proceed with the implementation of the second Shareholder Rights Directive (SRD II), defying protests from some post-trade groups.

As a result, the second phase of SRD II will come …

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SEC lambasted over shareholder rights change as companies fail to meet ESG targets

SEC committee to policymakers: Revise ESG rules or be left behind

The US risks falling further behind the UK and Europe unless rules governing reporting requirements for issuers around environmental, social and governance factors are updated.

That was the conclusion …

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BlackRock ups the pressure on Exxon Mobil

BlackRock ups the pressure on Exxon Mobil

BlackRock has shown it can get serious with portfolio companies, this week cranking up the pressure on Exxon Mobil by voting against the re-election of several of the company’s leadership team.

Citing insufficient …

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Sec lending management key to better ESG

Sec lending management key to better ESG

Managing securities lending policies in line with ESG goals, rather than halting them completely, should result in better outcomes for shareholders, research suggests.

In recent months, asset owners had been quizzing fund firms …

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“Exploitative” Chinese companies face new battle to list in US

“Exploitative” Chinese companies face new battle to list in US

Chinese companies looking to list on US exchanges are set to face tougher scrutiny, thanks to moves to protect investors by Senators and a homegrown accounting scandal.

On Wednesday (May …

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