Group of 11 states sue three major asset managers over coal reduction goals
December 5th, 2024
A coalition of 11 US states has filed a lawsuit against BlackRock, State Street and Vanguard, accusing them of using their shares in major …
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FRC urges companies to prepare for updated Corporate Governance Code
November 27th, 2024
As companies get ready to implement the revised UK Corporate Governance Code from January 2025, the Financial Reporting Council (FRC) has called on them to improve their …
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European Commission streamlines ESG reporting requirements
November 21st, 2024
The European Commission has launched an initiative to simplify ESG reporting by consolidating various requirements into a single regulation aimed at reducing compliance burdens.
The commission’s president, Ursula von de Leyen, …
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Investor-led coalition urges US states to meet federal methane standards
November 19th, 2024
A coalition of 35 institutional investors representing more than $2 trillion in assets has called on US states to act in line with federal methane standards to …
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Global progress on sustainability standards, according to FSB
November 14th, 2024
The Financial Stability Board (FSB) has released its 2024 Achieving Consistent and Comparable Climate-related Disclosures report.
The report gives insight into the progress global jurisdictions have made in implementing …
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Invesco to pay $17.5 million against greenwashing allegations
November 13th, 2024
Invesco advisers have designated $17.5 million to resolve allegations that the firm had been greenwashing, according to the Securities and Exchange Commission (SEC).
The allegation follows a claim that …
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FRC to review UK Stewardship Code
November 13th , 2024
The Financial Reporting Council (FRC) has launched a consultation on proposed updates to the UK Stewardship Code.
Running until 29 February 2025, the consultation should follow extensive engagement with over …
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EU Commission’s advisory body issues guidance on credible transition plans
November 8th, 2024
The European Financial Reporting Advisory Group (EFRAG) has released initial voluntary guidance on how businesses should draw up credible climate transition plans.
The official advisory body to …
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Non-profit warns Microsoft of greenwashing risks from fossil fuel partnerships
November 7th, 2024
A non-profit organisation has called on Microsoft to acknowledge the risks it faces, including greenwashing, due to its partnerships with fossil fuel-linked companies.
In a filing with …
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Initiative launched to drive investor action on corporate air pollution
November 6th, 2024
Guy’s & St Thomas’ Foundation and CCLA Investment Management have launched a public consultation to tackle corporate air pollution through investor action.
The health foundation and charity …
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