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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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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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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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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Heavy industries not on track for Paris Agreement goals
May 2nd, 2024
Aluminium, cement and steel industries are not aligned with a 1.5-degree trajectory, as set out in the Paris Agreement.
The World Benchmarking Alliance’s (WBA’s) first 2024 Climate and …
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The People’s Pension launches responsible investment policy
May 2nd, 2024
The People’s Pension has released its responsible investment policy, which includes heightened expectations of its investment managers.
The master trust’s Responsible Investment policy outlines the minimum requirements and ongoing expectations …
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Petrobras chair reinstated after suspension for allegations of non-compliance
April 17th, 2024
Oil giant Petrobras’ chairman Pietro Adamo Sampaio Mendes has been reinstated to his role after being suspended this week following allegations of non-compliance with the requirements of the …
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Japan releases ISSB-based reporting standards
April 10th, 2024
The Sustainability Standards Board of Japan (SSBJ) has issued a proposal of its Sustainability Disclosure Standards to be applied in Japan, aligned with the International Sustainability Standards Board (ISSB).
The SSBJ announced…
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Activist investor loses out to Disney in board election vote
April 4th, 2024
Activist investor Nelson Peltz has lost his proxy fight against Disney after shareholders voted to re-elect the full board.
Peltz’ company, Trian Partners, vied to oust two …
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