Santos faces shareholder pressure ahead of AGM
April 4, 2023
Santos Ltd will hold its 2023 AGM on 6 April and has faced shareholder criticism over its climate ambitions and executive remuneration.
At Santos Ltd’s AGM in 2022 the oil …
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Texas has moved to ban state entities from doing business with HSBC after the financial services giant introduced a new policy to transition away from financing fossil fuels.
The US state has added HSBC to a list of banned companies …
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IASB begins climate-related risk project
March 28, 2023
The International Accounting Standards Board (IASB) has begun evaluating how companies can improve their climate-related risk reporting.
The new project, launched under the purview of the International Financial Reporting Standards Foundation (IFRS), …
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Rio Tinto pays $15m penalty over bribery failures
10 March 2023
Rio Tinto has paid the Securities and Exchange Commission (SEC) $15m to settle charges from the regulator over bribery failures.
In paying the civil penalty, the mining giant is …
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UK watchdog consults on sustainability governance frameworks
February 17, 2023
The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.
As part of its commitment to creating a policy approach …
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Shell board sued over “fundamentally flawed” climate transition strategy
February 16, 2023
British oil giant Shell’s board of directors are being personally sued over an alleged failure to manage climate risks facing the company.
The civil action has been brought …
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Musk defends $56 billion Tesla pay packet in court
November 18, 2022
Elon Musk has appeared in court to defend his $56 billion Tesla pay package against claims he dictated its terms to the company’s board.
Tesla shareholder Richard Tornetta …
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Executive pay at Seven West Media found to be “erroneous”
November 11, 2022
Seven West Media (SWM) has had to reissue its 2022 remuneration report after discovering it was based on miscalculations by external consultants Ernst & Young (EY).
The …
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