Sustainability Archives

SEC climate disclosure rules face more legal action

The Securities and Exchange Commission (SEC) will face further legal action over its climate disclosure rule.

ASOS, Boohoo and George at Asda commit to clear green claims

ASOS, Boohoo and George at Asda commit to clear green claims March 27th, 2024 The UK’s Competition and Markets Authority (CMA) have secured undertakings that commit ASOS, Boohoo and George at Asda to use only accurate and clear green claims. The trio of retailers have committed to changing the way they display, describe and promote […]

IIGCC updates its net zero framework to “reposition” wording

IIGCC updates its net zero framework to “reposition” wording March 27th, 2024 The Institutional Investors Group on Climate Change (IIGCC) has updated its Net Zero Investment Framework (NZIF) to “reposition” objectives and add asset classes. The group published NZIF 2.0 to replace the original version, which was published in April 2021. The new framework is […]

Oxfam releases corporate driven inequality report

Oxfam America has released its corporate driven inequality report alongside its corporate inequality framework to help investors analyse how companies in their portfolios contribute to inequality.

“Watered down” CSDDD approved by EU Committee

The European Parliament’s Legal Affairs Committee has voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), amid criticism that the proposals were weakened by EU member states.

US Court pauses SEC climate disclosure rules

The Fifth Circuit US Court of Appeals has granted an administrative stay to temporarily halt the climate disclosures rules released by the Securities and Exchange Commission (SEC).

France Reduction of Co2 Emissions and ESG

ERAFP updates ESG and climate voting guidelines

France’s public pension fund Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has updated its voting policy guidelines covering the evaluation of ESG and climate data.

PLSA highlights Minerva clients as examples of best practice

The Pensions and Lifetime Savings Association (PLSA) has released a sample of best practice case studies, including some which are Minerva clients, showing how to focus on social factors in their stewardship activities.

Social factors taskforce launches guidance with support from Minerva

Social factors taskforce launches guidance with support from Minerva March 14th, 2024 The UK’s Taskforce on Social Factors has released its handbook on social risks and opportunities for pension trustees to consider. The guide was developed with the help of Minerva CEO Sarah Wilson, who has served as a member of the taskforce since it […]

EU law on ESG due diligence fails to reach final approval despite new environmental crimes penalties

The EU Council has failed to approve its Corporate Sustainability Due Diligence Directive (CSDDD) following objections from member states on the same day the European Parliament adopted new rules on sanctions for environmental crimes.