website commission Charities

The UK’s charities regulator has scrapped words such as “ethical” and “responsible” from its investment guidelines in a major overhaul designed to modernise its advice for non-profits. 

The Charity Commission has proposed “retiring” certain phrases that charities have said are …

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Green financial disclosure documents spread out upon a table top

European Commission updates SFDR guidance 

April 20, 2023


The European Commission (EC) has amended guidance to clarify how to interpret the Sustainable Financial Disclosure Regulation (SFDR).  

In response to questions posed by the European Supervisory Authorities, the updated guidance confirmed …

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UNEP logo, convenor of UNEPFI, a cofounder of the TNFD

Pilot test shows TNFD requires further guidance 

April 13, 2023


Taskforce on Nature-related Financial Disclosures (TNFD) requires further guidance, according to results from pilot testing of the beta framework. 

The UNEP FI-led pilot found that the current version of the …

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group of idols, representing investors, surrounded by cupped hands

New US coalition demands right to invest responsibly 

April 13, 2023


A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly. 

The ‘Freedom to Invest’ coalition produced a statement arguing …

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Blocks spelling out SDR against a green background

FCA delays introduction of SDR 

April 12, 2023


The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.  

The UK regulator has delayed the implementation date for sustainability disclosure …

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HSBC

Texas has moved to ban state entities from doing business with HSBC after the financial services giant introduced a new policy to transition away from financing fossil fuels.

The US state has added HSBC to a list of banned companies …

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Diversity, Equity and Inclusion Symbols

TPR urges chairs to improve board diversity 

March 30, 2023


The Latest guidance by the UK pensions watchdog has urged chairs to play a key role in making boards more diverse and inclusive. 

The Pensions Regulator (TPR) has published guidance

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Image of power plant emissions being erased, with the word 'greenwashing' superimposed.

March 24, 2023


The European Commission has proposed new rules on companies’ environmental claims – but some campaigners say they don’t go far enough.

Companies will be required to obtain independent verification of any environmental claims linked to their products, …

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US President Joe Biden

Biden vetoes bill to overturn DOL ESG rule 

March 23, 2023


US President Joe Biden has vetoed a bill that would prevent pension fund managers from considering climate change and ESG factors in their investment decisions.  

On March 20, Biden …

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Proxy Voting

Proxy preview: E&S proposals to rise in 2023

March 21, 2023


Despite average support for environmental and social shareholder proposals declining in FTSE 350 copmany AGMs in 2022, Minerva predicts that there may be a return to strength in 2023.  …

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