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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PRI launches ‘Spring’ engagement process to tackle biodiversity loss
June 27th, 2024
The Principles for Responsible Investment (PRI) has launched the engagement process for Spring, an investor stewardship initiative focused on tackling the material financial risks of biodiversity loss.
The …
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ISSB starts two-year plan and publishes feedback statement
June 26th, 2024
The International Sustainability Standards Board (ISSB) has started on its two-year work plan to improve harmonisation and consolidation of sustainability disclosure guidance.
The ISSB chair Emmanuel Faber announced that …
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Tesla shareholders approve Musk’s huge pay day
June 14, 2024
Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.
The …
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June 12, 2024
Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%, despite the company cutting almost 200 jobs in a strategy pivot earlier …
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