Exxon sues shareholders over ESG proposal
January 25th, 2024
Shareholder voting rights could be under threat in the US as oil company ExxonMobil filed to sue investors over an ESG vote at its AGM.
ExxonMobil filed a complaint against activist …
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CalSTRS revises corporate governance principles
January 19th, 2024
The California State Teachers’ Retirement System (CalSTRS) has adapted its corporate governance principles to include company’s workforce as an issue for engagement.
The new report outlining CalSTRS corporate governance principles includes four …
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IIGCC publishes net zero voting guidance
January 18th, 2024
The Institutional Investors Group on Climate Change (IIGCC) has published guidance to support investors in developing their own net zero policies and practices.
The Net Zero Voting Guidelines are aligned with …
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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 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 …
Read MoreWWF 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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Asset managers failing to utilise shareholder engagement with fossil fuels
January 5th, 2023
Asset managers that finance fossil fuel expansion are failing to effectively employ shareholder engagement tactics.
Asset managers failed to translate their words into actions at fossil fuel …
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FRC identifies TCFD disclosures as area of focus
December 14th, 2023
The Financial Reporting Council (FRC) will include climate-related risks, including Task Force on Climate-Related Financial Disclosures (TCFD), as one of its key areas of supervisory focus for 2024/25 financial …
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SEC delays climate disclosure rules
December 12th, 2023
The Securities and Exchange Commission (SEC) has pushed the expected adoption of its final climate disclosure rules until April 2024.
The US regulator released its Fall 2023 Reg Flex Agenda, which …
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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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