US firms under investigation for child labour allegations
October 4th, 2023
Two of the largest US poultry processing firms, Tyson Foods and Perdue Farms, are under investigation by the Department of Labor over allegations they hired migrant children to clean …
Read More
The “anti-woke” proxy war – politicians versus shareholders
September 28th, 2023
US politicians have attacked shareholder rights in a letter to Net Zero Financial Services Providers Alliance (NZFSPA) members, a global group supporting the goal of net zero greenhouse gas …
Read More
Investor group calls for banks to do more on human rights
September 26th, 2023
Investors representing $861bn in assets under management have backed Dutch campaign group BankTrack’s 2022 Global Human Rights Benchmark and called on commercial banks to do …
Read More
SFO charges four individuals over Patisserie Valerie scandal
September 14th, 2023
The Serious Fraud Office (SFO) has brought fraud charges against four individuals who oversaw the collapse of high street baker chain Patisserie Valerie.
Christopher Marsh, a former director …
Read More
NGFS call on central banks to step up on climate litigation
September 12th, 2023
The Network for Greening the Financial System (NGFS) has urged central banks and financial supervisers to build up their capabilities for assessing and managing risks …
Read More
Australian government accept climate risk to bond value
September 7th, 2023
In a landmark settlement, the Australian government will acknowledge that the climate crisis is a systemic risk that might impact the value of sovereign bonds.
The government has …
Read More
TPI Centre: Banks must expand emission reduction target coverage
September 7th, 2023
The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.
The …
Read More
IEEFA criticises SBTi’s draft standards for financial sector
September 1st, 2023
The Institute for Energy Economics and Financial Analysis (IEEFA) has recommended improvements for the Science Based Targets initiative’s (SBTi’s) draft standards for financial institutions.
IEEFA called on SBTi …
Read More
Businesses not prepared to comply with ESG regulation
August 25th, 2023
A disconnect between executives and their employees on ESG regulation could mean companies are still not ready to abide by emerging requirements, a study by software-as-a-solution provider Workiva …
Read More