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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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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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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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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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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Initiative launched to drive investor action on corporate air pollution
November 6th, 2024
Guy’s & St Thomas’ Foundation and CCLA Investment Management have launched a public consultation to tackle corporate air pollution through investor action.
The health foundation and charity …
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Activist group ACCR sues Santos for greenwashing in a landmark case
November 1st, 2024
The landmark case filed by the Australasian Centre for Corporate Responsibility (ACCR) accusing Santos of greenwashing has been brought to the Federal Court of Australia.
In …
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Starbucks shareholders sue over alleged stock inflation by $227 million
October 25th, 2024
Starbucks shareholders are suing the company’s executives, alleging they misled investors about future growth and revenues, which artificially inflated the stock buyback program.
Multiple shareholders have filed …
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Ohio pension funds sue Boeing for safety failures
October 24th, 2024
Two Ohio pension funds have joined in a lawsuit against Boeing’s board of directors for failing to address ongoing safety issues that have harmed the company and its investors.…
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Southwest dismisses shareholder proposal as an attempt to “maximise disruption”
October 18, 2024
Southwest Airlines has condemned a shareholder’s proposal to replace board members, calling it an “unnecessary and inappropriate” attempt to “maximise disruption.”
Elliott Investor Management, one of Southwest’s …
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