Vote under scrutiny

Border to Coast expands ESG voting and engagement scrutiny

August 16th, 2024


Border to Coast Pensions Partnership is advancing its monitoring of its wider external manager ESG voting and engagement to boost support for ESG resolutions.

The pension pool, which …

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The Australian Competition and Consumer Commission or ACCC, an independent authority of the Australian government.

PRI, ACSI and ASFI call for focus on social factors in sustainability guidance

August 16th, 2024


Investor groups have urged the Australian Competition and Consumer Commission (ACCC) to include social factors in its draft guide to sustainability collaborations.

The draft

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European Commission

US House Judiciary demands data from CA100+ members

August 9th, 2024


The Republican heads of the US Judiciary Committee have written to over 130 companies demanding information on their Climate Action 100+ (CA100+) membership.

The letters, which described the …

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ESG Ratings

UK government to introduce law regulating ESG rating agencies

August 9th, 2024


The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies.

On a visit to Toronto, …

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Greenwashing

Mercer faces $11.3m penalty over greenwashing

Augusr 7th, 2024


The Australian Securities and Investments Commission’s (ASIC) case against Mercer Superannuation (Australia) has led to the Australian Federal Court fining the firm $11.3 million.

In the landmark case, ASIC’s first …

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Detached concept and disconnected symbol as two different ropes tied and linked together as a breaking chain and losing trust or faith metaphor as separation and divorce or broken relationship.

ACCR cuts ties with Rio Tinto after anti-climate lobbying

August 1st, 2024


The Australasian Centre for Corporate Responsibility (ACCR) has disengaged with mining company Rio Tinto following negative advocacy.

ACCR announced it would no longer work with the company to …

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ESMA

ESMA releases opinion on sustainability framework

July 30th, 2024


The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.

The financial markets regulator said that while the framework …

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Ecology law environmental impact assessment and natural resources law and taking climate legal action and greenhouse gas reduction regulations with 3D

ExxonMobil to go to court over climate deception lawsuit

July 26th, 2024


Connecticut Attorney General William Tong’s consumer protection case against ExxonMobil will advance towards trial, court rules.

This week, a Connecticut judge denied ExxonMobil’s motion to dismiss Tong’s lawsuit, …

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FRC Logo

FRC releases major update to UK Stewardship Code

July 22nd, 2024


The Financial Reporting Council (FRC) has published significant revisions to the UK Stewardship Code application process.

The regulator has also announced that it has identified five priority areas of …

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CalPERS

CalPERS reinforces commitment to shareholder engagement

July 19th, 2024


The California Public Employees’ Retirement System (CalPERS) has reasserted the importance of shareholder rights following ExxonMobil’s AGM.

Speaking at the Investment Diversity Exchange conference, CalPERS’ CEO Marcie Frost said its rift …

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