BP petrol station rooftop

BP shareholders demand tighter climate policy 

April 15, 2023


Follow This has urged shareholders to support its proposal to align BP’s climate policy with the Paris Agreement after the oil giant lowered targets earlier this year.  

Ahead of BP’s annual …

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Amazon logo

Amazon sets record for shareholder proposals 

April 18, 2023


Amazon shareholder proposals have hit a record number for the second consecutive year as ESG investors demand greater transparency.  

The e-commerce giant’s proxy statement revealed shareholders have submitted 18 proposals for …

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Santos building, Brisbane, Australia

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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HSBC

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

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 Headquarters, Perth

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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Sustainability

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 Logo

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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Elon Musk Silhouetted in front of the Tesla logo

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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Channel 7, West Media Group

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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