ASIC

ASIC issues greenwashing guidelines


June 16, 2022

ASIC introduces guidelines to prevent greenwashing

The Australian Securities and Investments Commission (ASIC) has introduced a set of guidelines to prevent large funds from greenwashing.

In order to prevent greenwashing, ASIC’s guidelines ask …

Read More
SDG

SDGs will fail without private sector alignment: SDSN Report

This week, the Sustainable Development Solutions Network (SDSN) published the seventh edition of its annual Sustainable Development Report, which includes the 2022 SDG Index, the 2022 International Spillover Index, and Dashboards. …

Read More
ESG

SEC proposes new rules against greenwashing in ESG funds


June 10, 2022

The proposal sets out three types of ESG funds and what they are required to disclose.

The US Securities and Exchange Commission (SEC) has introduced a proposal aiming …

Read More
Executive Pay the most talked about issues in Corporate Governance

Amazon shareholders vote against socially-focussed resolutions


May 27, 2022

On May 25th 2022, 15 investor-led resolutions, that took aim at company policies ranging from mistreatment of workers to nondisclosure agreements, failed to pass after the majority of Amazon shareholders voted …

Read More
SEC forms climate and ESG taskforce

SEC fines BNY Mellon over false ESG statements


May 27, 2022

On May 23rd, 2022, The Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor, Inc. for misstatements and omissions about ESG considerations in undertaking investment decisions for mutual …

Read More
Consumer groups slam attempt to delay SRD II

Shareholders push back against TotalEnergies


20 May, 2022

The coalition has accused TotalEnergies of being “neglectful” of shareholder rights.

A shareholder coalition has stated it will vote against TotalEnergies’ executive pay and sustainability and climate progress report after the company …

Read More
BHP faces shareholder anger over fossil fuel

Woodside shareholders back merger with BHP


20 May, 2022

Shareholders were less supportive however of the company’s climate plan.

Woodside Petroleum’s shareholders voted 98.66% in favour of a merger with BHP’s petroleum arm at the company’s AGM.

The merger would …

Read More
EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

Read More
Icahn

Activist investor pressures Mcdonald’s on supply chain abuses


13 May, 2022

Recent claims on pork production “pull wool over eyes” of investors, Icahn

Activist investor Carl Icahn has written to fellow McDonald’s shareholders taking issue with the company’s continued failure …

Read More
SEC urged to unleash sweeping changes to proxy system

SEC extends comment period on climate risk consultation


13 May, 2022

Deadline for comments on The Enhancement and Standardization of Climate-Related Disclosures for Investors, now 17 June 2022.

The Securities and Exchange Commission (SEC) has extended the comment period for …

Read More