American Airlines

Judge rules American Airlines unlawfully considered ESG factors in 401(k) plan

January 15th, 2025


A Texas federal judge has ruled that American Airlines violated federal law by allowing ESG factors to influence its employee retirement plan, Reuters reports.

Judge …

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Cybersecurity

Investors urged to recognise financial materiality of cybersecurity

January 10th, 2025


Railpen and Royal London Asset Management have called on investors to acknowledge cybersecurity as a key financial risk to their portfolios which must be addressed.

A joint report between …

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Investors file resolutions for LNG and AI oversight at Shell and Berkshire Hathaway

January 9th, 2025


Activist investors have filed shareholder resolutions against Shell and Berkshire Hathaway ahead of both companies’ annual general meetings (AGMs) which are to be held …

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ESG, PRI

Oklahoma pushes forward with efforts to reinstate an anti-ESG law

December 13, 2024


Oklahoma’s Attorney General has appealed to the state’s Supreme Court to reinstate an anti-ESG law which was previously struck down in the ruling of a lower court.…

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Shell petrol station

Greenpeace and Shell settle $11m lawsuit

December 12th, 2024


Environmental activist group Greenpeace has reached a settlement with Shell over an $11 million lawsuit stemming from protests aimed at pressuring the oil giant to reduce carbon emissions.

Shell attempted to

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coal, Industrial companies largely ignoring climate risks

Group of 11 states sue three major asset managers over coal reduction goals

December 5th, 2024


A coalition of 11 US states has filed a lawsuit against BlackRock, State Street and Vanguard, accusing them of using their shares in major …

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Child labour

Smithfield Food fined $2m for child labour violations

November 20th, 2024


Smithfield Food has agreed to pay $2 million to the Minnesota Department of Labor and Industry (DLI) as part of other repercussions to settle child labour violations at one …

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oil and gas methane

Investor-led coalition urges US states to meet federal methane standards

November 19th, 2024


A coalition of 35 institutional investors representing more than $2 trillion in assets has called on US states to act in line with federal methane standards to …

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jusst transition, TRANSITION PLANS

EU Commission’s advisory body issues guidance on credible transition plans

November 8th, 2024


The European Financial Reporting Advisory Group (EFRAG) has released initial voluntary guidance on how businesses should draw up credible climate transition plans.

The official advisory body to …

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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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