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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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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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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Emergency measures need more thought for the long term, survey finds
The shift to virtual AGMs as a result of the coronavirus pandemic has harmed shareholder rights, according to an influential retail investor lobby group.
As lockdown restrictions in most …
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Coffee chain misdoings alerted regulators to potential irregularities with overseas companies listed in the US
Luckin Coffee will pay a $180m fine to settle accounting fraud charges as the US Securities and Exchange Commission (SEC) ramps up scrutiny of Chinese …
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Companies plan to align ESG priorities with incentive plans
Investor pressure and recognition of benefits are driving the change
Companies around the world are accelerating their focus on environmental, social and governance (ESG) priorities as climate change and diversity issues …
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