biodiversity

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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sustainability plans

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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Elon Musk Silhouetted in front of the Tesla logo

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shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.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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AG Barr

AG Barr Shareholders Vote to Increase New CEO’s Pay

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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Global Reporting Initiative GRI company logo icon on website, Illustrative Editorial

June 13, 2024

The Global Reporting Initiative (GRI) has launched a new review of all its labour-related standards to inform the introduction of proposed changes that address policies on employment relationships.

The review

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ESG target, anti-ESG

Shareholders Vote Against Key ESG Proposals 

June 6, 2024


Shareholders at both McDonald’s and Exxon Mobil have voted against key ESG-related proposals at recent annual general meetings, despite prominent campaigns by institutional investors.

A resolution aimed at curbing the use …

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ExxonMobil

Shareholders plan to vote against ExxonMobil’s board of directors over lawsuit

May 24th, 2024


ExxonMobil’s shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors. 

CalPERS announced its plans …

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net zero

IIGCC releases reports on net zero assessments

May 22nd, 2024


The Institutional Investors Group on Climate Change (IIGCC) has published guidance on incorporating sovereign bonds into a net zero investment strategy.

The group has also collaborated with the Climate Bond …

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Greenwashing, Smoke stacks at coal burning power plant

Canadian regulator launches greenwashing investigation into lululemon

May 16th, 2024


Competition Bureau Canada has begun an investigation into lululemon over allegations of greenwashing.

The investigation comes after stand.earth, an environmental advocacy organization, filed a complaint with the bureau claiming lululemon …

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FCA

SDR will bring more “trust and integrity” to financial services

9th May, 2024


The Financial Conduct Authority (FCA) has predicted its Sustainability Disclosure Requirements (SDR) labels will improve consumers’ perception of the financial services industry.

Sacha Sadan, director of ESG …

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