Investors Agenda overhauls ICAP Expectations Ladder
July 25th, 2023
Sustainability advocacy group Investors Agenda has updated its Investor Climate Action Plans (ICAP) Expectation Ladder, with new measures including deforestation actions.
The ladder is designed to provide a framework to …
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FCA delays SDR for second time
July 21st, 2023
The Financial Conduct Authority (FCA) has delayed publishing its final Sustainability Disclosure Requirements (SDR) until Q4 2023.
In a regulatory update, Nikhil Rathi, CEO of the FCA, and Sam …
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UK asset managers U-turn on climate at oil firms’ AGMs
21st July, 2023
Some of the biggest UK asset managers have withdrawn their support for a shareholder resolution to cut carbon emissions.
UK AMs including Legal & General, Schroders …
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July 18, 2023
The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.…
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€2.1tn investor coalition forms to tackle digital harm
July 14, 2023
A coalition of investment firms representing €2.1tn in AUM has launched to tackle digital harm, focusing on the largest companies in the media, Internet and gaming sectors.
Sycomore …
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Kenyan workers’ case to be heard in Scotland
July 14th, 2023
A Scottish court has ruled that it will allow a case brought by Kenyan farm workers against a major global tea firm to be heard in Scotland.
Up …
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June 22, 2023
The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.
The bodies are being established to …
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ESG rating providers face EU regulation
June 15th, 2023
The European Commission is introducing new rules for ESG rating providers as part of a package of regulations to extend its sustainable finance framework.
In a bid to standardise ESG ratings, …
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DoL’s new ESG rule takes finger ‘off the scale’
June 8, 2023
The US Department of Labor’s new ESG rule does not tip the balance in favour of ESG investing, according to officials within the department.
The rule, ‘Prudence and …
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