The US House Committee on the Judiciary has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.
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Boohoo is facing a £100 million lawsuit from investors after modern slavery allegations wiped more than £1 billion from its value, according to reports.
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California’s governor has passed new legislation requiring corporations to disclose their scope 3 carbon emissions ahead of new disclosure rules from the Securities and Exchange Commission (SEC).
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The UK’s Transition Plan Taskforce (TPT) has released its gold standard disclosure framework for financial institutions, which will support best practice transition plans.
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The Net-Zero Asset Owner Alliance (NZAOA) has urged policymakers to overcome political barriers and open up $275 trillion in climate investment opportunities.
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The Asset Management Association Switzerland (AMAS) is to launch a Swiss Stewardship Code in October requiring institutional investors to be transparent about their investment processes.
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Two of the largest US poultry processing firms, Tyson Foods and Perdue Farms, are under investigation by the Department of Labor over allegations they hired migrant children to clean slaughterhouses, according to reports
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Investors representing $861bn in assets under management have backed Dutch campaign group BankTrack’s 2022 Global Human Rights Benchmark and called on commercial banks to do more to implement human rights.
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The Science Based Targets initiative (SBTi) has revealed it will reform its validation services division in a slew of changes to its operation.
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The UK Sustainable Investment and Finance Association (UKSIF) has warned the government that climate wavering risks its position as a world leader in sustainable finance.
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