Josh Frydenberg

Australian investors hit out at planned proxy rules


14 May, 2021

A proposed Australian government clampdown on proxy advice provision risks limiting the ability of investors to raise issues with corporate boards, investor groups have warned.

The rule changes, put …

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Germany Finance Minister

Sustainable Investment Standards: harmonisation or proliferation?


7 May, 2021

Businesses and investors in Germany are facing a fresh wave of environmental regulation after the government unveiled a new sustainable investment strategy just weeks after the EU announced its own far-reaching …

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Investors urge DoL to pull ESG proposals

DOL drops Trump ESG plans for new rulings


7 May, 2021

The US Department of Labor is set to formally abandon Trump-era plans to introduce anti-ESG legislation, and will engage with stakeholders to introduce new rules.  

Ali Khawar, acting assistant secretary for the Employee Benefits Security …

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Shareholders call on Congress to drop SEC ESG changes


30 April, 2021

A coalition of almost 200 US shareholder groups has launched a campaign to overthrow new SEC rules that they claim are an “an attack on corporate democracy”. 

The …

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Janet Yellen

US Treasury Secretary Yellen vows to ‘rejoin’ climate fight


April 30, 2021

US Treasury Secretary Janet Yellen has said the US is ready to rejoin the fight against climate change “after sitting on the sidelines for four years”.

Yellen gave her backing to climate change initiatives such …

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Mairead McGuinness

EU demands companies up their game on sustainability reporting


30 April, 2021

The European Commission (EC) is making stringent new demands on companies’ reporting of their impact on the environment, as it looks to drive investors’ money towards the greenest …

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SEC forms climate and ESG taskforce

FINRA edges closer to taking on proxy fee oversight


April 23 2021

The move to shift the setting of proxy fees by the New York Stock Exchange (NYSE) to broker-dealer regulatory body Financial Industry Authority (FINRA) is continuing to develop …

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Hester Pierce, SEC Commissioner

SEC commissioner argues for tailored approach to ESG


April 23 2021

The financial services sector needs to “rethink our prescriptive approach” to environmental and societal problems, according to a leading US regulator.

Hester Peirce, a commissioner at the Securities and

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Secretary for State Kwasi Kwarteng

The UK government has peddled back on its clampdown on foreign takeovers of British firms, raising the threshold at which such deals would face government scrutiny.

The National Security and Investment Bill had proposed that any foreign investment of more …

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Norwegian SWF gets active in activism

The government of Norway is accelerating its agenda on ethical investment with plans to cut thousands of companies from its sovereign wealth fund and proposals to force disclosures by Norwegian businesses on human rights.

New rules for Norway’s sovereign wealth

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