Investors back EU plan for human rights due diligence rules

Investors back EU plan for human rights due diligence rules

The Investor Alliance for Human Rights wants mandatory, rather than voluntary, reporting and due diligence rules for corporations

The Investor Alliance for Human Rights has called for EU companies to

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Royal Assent locks in ESG duties for pension funds

Royal Assent locks in ESG duties for pension funds

The act furthers the government’s green agenda by supporting progress towards net zero

The Pension Schemes Bill has received Royal Assent, creating new laws covering areas including defined benefit scheme protections,

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Sustainability standards consolidation draws closer

Sustainability standards consolidation draws closer 

IFRS Foundation seeks to launch sustainability standards board

In response to growing demand for global standards as sustainability becomes ‘business as normal’ in financial reporting, the International Financial Reporting Standards (IFRS) Foundation is taking action

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DWP, pensions, stewardship

Trustees of occupational pension schemes with more than £5bn will be required to publish a TCFD report

The government has confirmed details of how UK pension schemes will be required to report on climate change issues affecting their portfolios.

The …

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Biden returns US to Paris Agreement and appoints proxy voting advocate

Allison Herren Lee takes the top regulatory job

Joe Biden has already shown his commitment to acting on climate change, bringing the US back into the Paris accord and appointing Allison Herren Lee as acting chair of the Securities and

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UK cracks down on Chinese imports linked to forced labour

Government takes up the plight of Uyghur Muslims

The UK government is introducing new rules to prevent the import of goods suspected of using forced labour in China’s Xinjiang province.

Foreign secretary Dominic Raab told the House of Commons on …

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RPMI Railpen urges government to protect shareholder rights

The UK pension investor among those demanding government protects minority shareholders in its listings review

RPMI Railpen, the investment manager for the railways pension schemes, is urging the government to protect minority shareholder rights in its response to HM Treasury’s

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Institutional investors back IFRS’s proposal for ESG reporting standard

More than 450 asset managers and pension funds responded to a consultation on standardised reporting

Some of the world’s biggest pension funds and institutional investors are backing the International Financial Reporting Standards Foundation’s (IFRS) proposal for standardised sustainability reporting.

Last …

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NYSE backtracks (again) on Chinese delistings

The exchange will drop three Chinese telecoms companies after criticism from the US Treasury

The New York Stock Exchange has decided to delist China’s three largest telecoms giants after reversing the decision just a few days earlier.

NYSE said it …

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CII backs Nasdaq’s proposal to improve diversity on boards

Companies could be delisted if they fail to meet ‘comply or explain’ requirement

The Council of Institutional Investors (CII) has thrown its weight behind Nasdaq’s proposal that would require companies to disclose board diversity or potentially face delisting.

In a …

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