Kentucky threatens divestment from 11 companies in anti-ESG move


January 5, 2023

Republican states continue to shun ESG investments as 11 major financial companies face potential divestment from Kentucky.

Kentucky State Treasurer Allison Ball has threatened to divest in companies …

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Australian banks intend to reduce climate-risk exposure  

December 9th, 2022


Australia’s largest banks expect to reduce exposure to climate-risk affected industries, according to new research by the Australian Prudential Regulation authority (APRA). 

The Climate Vulnerability Assessment revealed banks intend …

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DoL, Department of Labor

DOL final rule allows fiduciaries to consider ESG factors 


November 23, 2022

The US Department of Labor (DOL) has issued a final rule to replace controversial regulation regarding inclusion of ESG investments in pension plans. 

The Prudence and Loyalty …

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AGL Website

Shareholder takeover rocks AGL board


November 18, 2022

AGL Energy’s Board was overhauled at its recent AGM due to concerns over its climate risk management and a shareholder campaign by tech billionaire Mike Cannon-Brookes. AGL is Australia’s largest greenhouse gas …

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FCA

FCA v Globo: market abuse claim progresses


November 11, 2022

The UK’s Financial Conduct Authority (FCA) has seen progress in its case alleging market abuse against the former Globo Plc. CEO, Mr Konstantinos Papadimitrakopoulos, and former CFO, Mr Dimitris Gryparis.…

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LafargeHolcim Syrian operations

Cement firm Lafarge pleads guilty to supporting terrorists


October 21, 2022

French cement maker Lafarge has pleaded guilty to giving millions of dollars of financial backing to ISIS and other terrorist groups.

The company has agreed to pay a $777.8 …

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Australia, Banks, CBD

Australia’s ESG movement builds momentum 


September 15, 2022

Australia’s new-found commitment to ESG investment is gathering momentum, with both the Principles for Responsible Investment (PRI) and Climate Action 100+ updating their guidance for the nation. 

Traditionally regarded as an ESG …

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Investors urge companies to account for climate-related risks

Investor coalition calls for mandatory climate disclosure


16 September, 2022

Governments around the world are being urged to mandate climate transition commitments by a coalition of asset managers representing $39trn in capital. 

Coordinated by the Investor Agenda, the call to

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sustainable mining, BHP Pit Mine, Australia,

BHP Shareholders demand consistent climate policy


September 2, 2022

The Australasian Centre for Corporate Responsibility has tabled three resolutions.

BHP Group is facing shareholder resolutions demanding greater consistency around its engagement with climate change.

Tabled by the Australasian Centre for

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Federated Hermes

Federated Hermes questioned over SFOF association 


August 25, 2022

US asset manager Federated Hermes has come under criticism for its apparent association with the State Financial Officers Foundation (SFOF), a vocal anti-ESG group. 

The SFOF is a Republican group, …

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