Report finds major banks are financing deforestation and biodiversity loss
December 7th, 2023
Banks have poured $307bn into high-risk forestry and agriculture companies linked to tropical deforestation since the Paris Agreement was signed, a report by the Forests & Finance …
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TPI Centre: Banks must expand emission reduction target coverage
September 7th, 2023
The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.
The …
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March 4th, 2022
A shareholder advocacy group has filed a resolution with the Royal Bank of Canada (RBC) regarding the bank’s use of sustainability-linked debt.
Investors for Paris Compliance (I4PC) filed the resolution…
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October 8, 2021
Banks holding shares on behalf of clients are still responsible for human rights due diligence at the companies whose shares they hold, according to the UN.
The UN’s Office …
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Australia has toughened up banking regulation after its upper house, the Senate, passed a law which gives its financial regulator, the Australian Prudential Regulatory Authority new powers, including the ability to cap bankers’ pay.
Under the Treasury Laws Amendment (Banking …
Read MoreAchieving good corporate governance and behaviour must go beyond codes and towards developing the right culture across organisations and the leaders of companies must be integrated into that culture, according to Sir Wim Bischoff chairman of the Financial Reporting Council …
Read MoreThe relationship between the chairman and the chief executive of a company is absolutely fundamental according to Sir David Walker, former chairman of Barclays, speaking on Radio 4’s, The Bottom Line.
In a discussion about managing the boardroom, Michael …
Read MoreThe chairman and chief executive of Brazilian investment bank, BTG Pactual, Andre Santos Esteves, has been forced to resign following his arrest amid accusations of bribery.
According to press reports, Esteves was accused of allegedly conspiring with Delcidio Amaral, …
Read MoreWhilst the future shape of shareholder engagement responsibility is debated in London, Brussels and across continental Europe, the debate in Dublin is a fierce as anywhere.
In what is traditionally a very close-knit investment and business community, the Irish Stock …
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