circular economy

EU says circular economy is “vital” to meeting climate goals

January 12th, 2024


The European Commission has renewed its commitment to a circular economy and reducing reliance on fresh resources, describing it as a “no brainer”.

Florika Fink-Hooijer, director general …

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SFDR

SFDR criticised over fund labelling and mandatory disclosures

January 12th, 2024


Assets managers have called for a new approach to fund labelling and mandatory disclosures in the European Commission’s Sustainable Financial Disclosure Regulation (SFDR).

In response to a consultation on …

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WWF call for urgent government action on biodiversity

January 12th, 2024


The Worldwide Wildlife Fund for Nature (WWF) have warned that without major changes by the UK government the food system in England will continue to fail people.

In a …

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TCFD Climate Disclosures

IFRS takes over monitoring climate-related disclosures from TCFD

December 8th, 2023


The International Financial Reporting Standards Foundation (IFRS) will oversee companies’ climate-related disclosures following the disbanding of the Task Force for Climate-related Financial Disclosures (TCFD).

The Financial Stability Board (FSB) …

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Deforestation

Report finds major banks are financing deforestation and biodiversity loss 

December 7th, 2023


Banks have poured $307bn into high-risk forestry and agriculture companies linked to tropical deforestation since the Paris Agreement was signed, a report by the Forests & Finance …

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climate change, sustainability agreement

GRI and EFRAG partner for interoperability index 

December 6th, 2023


The Global Reporting Initiative (GRI) and the European Financial Reporting Advisory Group (EFRAG) have partnered to launch the GRI-ESRS Interoperability Index, which gives guidance on how to align both …

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Voting rights

ICEV warns dual-class shares will harm investor interests

December 1st, 2023


A report by the Investor Coalition for Equal Votes (ICEV) on unequal voting rights has urged companies with dual-class share structures to switch to single-class to equalise investor voting …

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FCA confirms final SDR and labelling guide

November 29th, 2023


The Financial Conduct Authority (FCA) has revealed its final Sustainability Disclosure Requirements (SDR) and investment label regime, including a new ‘mixed goal’ label.

The final statement outlines the new labelling …

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shareholder proposals review, report

Minerva shareholder proposals annual review finds falling support for proposals

November 24th, 2023


2023 had the highest number of shareholder proposals, but support for proposals fell in each category other than governance, according to the latest Minerva Shareholder Proposals Annual …

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hazardous dangerous chemical

IIHC warns of chemical sector’s “new asbestos” 

November 23rd, 2023


The Investor Initiative on Hazardous Chemicals (IIHC) has warned chemical companies to quit production of PFAS chemicals, calling them the “new asbestos” for the sector.

The group, which represents over …

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