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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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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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 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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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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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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European regulators have removed temporary bans on short selling that have been in place since the height of the pandemic-induced selloff in March.
Authorities in Austria, Belgium, France, Greece, Italy and Spain allowed their bans to expire at midnight on …
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Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds.
Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages …
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Energy giant Total has committed to achieving net zero carbon emissions by 2050 or sooner, following engagement with leading investors through Climate Action 100+.
The agreement means all Europe-based oil and gas majors are now working towards the net zero …
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