September 6th, 2024
A group of 24 Republican attorneys has raised concerns about whether American asset managers are violating their fiduciary duties by outsourcing voting on environmental proposals to proxy advisors.…
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September 6, 2024
The DC Court of Appeals has revived a lawsuit against Coca-Cola, alleging that the company’s marketing campaigns involved greenwashing, after the case was initially dismissed.
The international environmental organisation Earth Island …
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August 30, 2024
Salesforce has agreed to pay $1.35 million to more than 50,000 employees to settle two lawsuits that alleged the company of mismanaging its 401(k) plan, Pensions and …
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August 29, 2024
Dutch investor ASN Impact Investor has sold approximately €70 million worth of shares in fast fashion companies, after adopting a stricter sustainability policy.
It sold stakes in 12 companies …
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August 29th, 2024
The Australian senate has passed a bill to introduce mandatory climate reporting for large and medium-sized companies as part of the government’s sustainable finance strategy.
Senators voted 34-25 to support …
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Mercer faces $11.3m penalty over greenwashing
Augusr 7th, 2024
The Australian Securities and Investments Commission’s (ASIC) case against Mercer Superannuation (Australia) has led to the Australian Federal Court fining the firm $11.3 million.
In the landmark case, ASIC’s first …
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Pension schemes too focused on minimum ESG requirements
August 1st, 2024
The Pensions Regulator (TPR) found that many pension trustees are only delivering on the minimum requirements for the ESG duties.
The UK regulator’s Market Oversight: ESG report found that …
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EU officially publishes CSDDD
July 9th, 2024
The European Union (EU) has officially released the Corporate Sustainability Due Diligence Directive (CSDDD), which will soon be adopted into EU member states’ law.
Following a final vote by the European Parliament, the …
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