FRC, Stewardship Code, Corporate Governance Code

FRC urges companies to prepare for updated Corporate Governance Code

November 27th, 2024


As companies get ready to implement the revised UK Corporate Governance Code from January 2025, the Financial Reporting Council (FRC) has called on them to improve their …

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Microsoft

Non-profit warns Microsoft of greenwashing risks from fossil fuel partnerships

November 7th, 2024


A non-profit organisation has called on Microsoft to acknowledge the risks it faces, including greenwashing, due to its partnerships with fossil fuel-linked companies.

In a filing with

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Asia, Bangkok, Smog

Initiative launched to drive investor action on corporate air pollution

November 6th, 2024


Guy’s & St Thomas’ Foundation and CCLA Investment Management have launched a public consultation to tackle corporate air pollution through investor action.

The health foundation and charity …

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nature

TNFD publishes nature transition guidance

October 31st, 2024


The Taskforce on Nature-related Financial Disclosures (TNFD) has published a discussion paper setting out draft guidance on nature transition planning.

For corporates and financial institutions, the paper details how to develop and …

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Cybersecurity

SEC fines four companies $7 million for “downplaying” cyberattack

October 23, 2024


An American regulator has charged and imposed penalties totalling $7 million on four companies for making misleading disclosures linked to the 2019 SolarWinds data breach.

The Securities and …

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Climate change

Canada to set mandatory climate disclosures for large companies

October 18th, 2024


Canada will set mandatory climate-related disclosures for large federally incorporated private companies, as part of two sustainable finance initiatives aimed at achieving net zero by 2050.

Deputy prime …

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responsible conduct

UK expectations of a ‘good business’ shift from profits to responsible conduct

October 17th, 2024


The UK public’s expectations on what defines a good business have shifted, with growing demands for companies to make a more positive impact, according to …

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sustainable mining, BHP Pit Mine, Australia,

Commission outlines investor actions needed for sustainable mining  

October 11th, 2024


A commission supported by investors managing over $15 billion in assets has outlined key actions investors can take to improve sustainability in the mining sector.

The Global Investor …

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ExxonMobil

California sues ExxonMobil for misleading plastic waste claims

October 3rd, 2024


California Attorney General Rob Bonta has sued ExxonMobil for producing misleading public statements and campaigns for over half a century about its commitment to reduce plastic waste.

The lawsuit

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greeenwashing, fashion

CMA issues a review on greenwashing

October 2, 2024


The Competition and Market Authority (CMA) has issued a new compliance guide, pushing fashion brands to review their green claims.

Alongside the release of the compliance guidelines, CMA has also …

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