EU Reporting

EU requires audited sustainability disclosure of international companies


June 23, 2022

New directive to enforce more detailed and accessible sustainable reporting

Large European and non-European companies will be required to report on sustainability issues as the European Council and European …

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Convergence of ESG and non-ESG funds beckons

UK pensions to disclose climate alignment measures 


June 23, 2022

Hopes that the measures will pave the way forward for greener pensions

UK pensions will soon be made to disclose information about how their investments align with climate targets, …

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nuclear, power plant

EU Lawmakers reject nuclear and gas for green taxonomy 


June 16, 2022

Objection of nuclear and gas from EU green investment taxonomy

Members of the European Parliament have supported an objection to ensure nuclear and gas is kept out of …

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ASIC

ASIC issues greenwashing guidelines


June 16, 2022

ASIC introduces guidelines to prevent greenwashing

The Australian Securities and Investments Commission (ASIC) has introduced a set of guidelines to prevent large funds from greenwashing.

In order to prevent greenwashing, ASIC’s guidelines ask …

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ESG

SEC proposes new rules against greenwashing in ESG funds


June 10, 2022

The proposal sets out three types of ESG funds and what they are required to disclose.

The US Securities and Exchange Commission (SEC) has introduced a proposal aiming …

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UK External Board Evaluation

IFRS expands sustainability board to six members


June 10, 2022

Follows the appointment of former Danone CEO and chairman Emmanuel Faber

The International Financial Reporting Standards (IFRS) Foundation has appointed four members to its International Sustainability Standards Board (ISSB) to …

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Consumer groups slam attempt to delay SRD II

Shareholders push back against TotalEnergies


20 May, 2022

The coalition has accused TotalEnergies of being “neglectful” of shareholder rights.

A shareholder coalition has stated it will vote against TotalEnergies’ executive pay and sustainability and climate progress report after the company …

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BHP faces shareholder anger over fossil fuel

Woodside shareholders back merger with BHP


20 May, 2022

Shareholders were less supportive however of the company’s climate plan.

Woodside Petroleum’s shareholders voted 98.66% in favour of a merger with BHP’s petroleum arm at the company’s AGM.

The merger would …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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Icahn

Activist investor pressures Mcdonald’s on supply chain abuses


13 May, 2022

Recent claims on pork production “pull wool over eyes” of investors, Icahn

Activist investor Carl Icahn has written to fellow McDonald’s shareholders taking issue with the company’s continued failure …

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