petrobras

Petrobras chair reinstated after suspension for allegations of non-compliance

April 17th, 2024


Oil giant Petrobras’ chairman Pietro Adamo Sampaio Mendes has been reinstated to his role after being suspended this week following allegations of non-compliance with the requirements of the …

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net zero

EU Parliament adopts voluntary certification framework for carbon removals

April 11th, 2024


Members of the European Parliament (MEPs) voted to adopt an agreement to establish an EU certification framework for carbon removals.

The certification framework aims to boost high-quality carbon …

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Activist investor loses out to Disney in board election vote

April 4th, 2024


Activist investor Nelson Peltz has lost his proxy fight against Disney after shareholders voted to re-elect the full board.

Peltz’ company, Trian Partners, vied to oust two …

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Global warming and climate change

IIGCC updates its net zero framework to “reposition” wording

March 27th, 2024


The Institutional Investors Group on Climate Change (IIGCC) has updated its Net Zero Investment Framework (NZIF) to “reposition” objectives and add asset classes.

The group published NZIF 2.0

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UN Global Compact Network UK releases SDG Showcase report

March 26th, 2024


The UN Global Compact Network UK has launched the Sustainable Development Goals (SDG) Showcase report in order to assist businesses in increasing their sustainability efforts.

The report is …

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oxfam

Oxfam releases corporate driven inequality report

March 22nd, 2024


Oxfam America has released its corporate driven inequality report alongside its corporate inequality framework to help investors analyse how companies in their portfolios contribute to inequality.

The report, Inequality, Made in

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european commission

“Watered down” CSDDD approved by EU Committee

March 22nd, 2024


The European Parliament’s Legal Affairs Committee has voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), amid criticism that the proposals were weakened by EU member states.

The …

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SEC Security Exchange Committee

US Court pauses SEC climate disclosure rules

March 20th, 2024


The Fifth Circuit US Court of Appeals has granted an administrative stay to temporarily halt the climate disclosures rules released by the Securities and Exchange Commission (SEC).

The ruling comes …

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Taskforce for Social Factors Guide

Social factors taskforce launches guidance with support from Minerva

March 14th, 2024


The UK’s Taskforce on Social Factors has released its handbook on social risks and opportunities for pension trustees to consider.

The guide was developed with the help of …

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EU Reporting

EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties

March 7th, 2024


The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the …

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