The EU Sustainable Finance Platform: Where are the owners?

Human rights alliance warns of due diligence gaps


March 04, 2022

The Investor Alliance for Human Rights has cautioned that “significant gaps” remain in the European Commission’s (EC’s) proposal for a directive on corporate sustainability due diligence.

The Alliance said …

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SMEs

Governance body flags issues with EC SME listing rules


February 25, 2022

The International Corporate Governance Network (ICGN) has raised concerns about the European Commission’s (EC) plan to improve access to financing for small and medium-sized enterprises (SMEs).

The commission …

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european court of auditors, luxembourg

Auditors criticise EU and ESMA over funds market regulation


February 25, 2022

EU-based investors are still at risk of incurring “undue costs” or “biased advice” despite the development of the single market for investment funds, according to a new report

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net zero

TPI sets out net-zero pathways for highest emitting sectors


February 18, 2022

The Transition Pathway Initiative (TPI) has created a framework for assessing corporate decarbonisation progress across the 10 highest emitting economic sectors.

The asset owner-led organisation’s report translates International …

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Norway’s oil fund needs to “catch up” with ethical norms

ShareAction: Banks financing oil & gas production despite net-zero pledges


February 18, 2022

European banks are continuing to finance the expansion of oil & gas production despite making net-zero commitments, according to sustainability campaign group ShareAction.

Its data shows that …

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Asset owner feedback sought as ISSB builds approach


February 11, 2022

The new standards body is fleshing out its approach with input from the Financial Reporting Council.

Investors have been invited to give feedback on prototype disclosure templates set out …

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human rights, EU

Companies urge EU to extend human rights, environmental rules


February 11, 2022

The letter comes after a delay in the publication of the EU Commission’s proposed legislation.

The EU Commission should extend its planned rules on human rights and environmental …

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DEI

PRI sets out key action areas for DEI


February 11, 2022

The report comes as inequalities are made worse by the Covid-19 pandemic.

Investors and corporations need to take a balanced approach to address each of the three pillars of …

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Rio Tinto plc

Rio Tinto report reveals ‘systemic’ bullying and harassment


February 4, 2022

Anglo-Australian mining firm Rio Tinto has admitted to “systemic” bullying and sexism across its firm, according to an external report.

The review was conducted by Elizabeth Broderick, Australia’s …

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emissions

California eyes mandatory GHG emissions disclosure


January 4, 2022

The California Senate has passed the Climate Corporate Accountability Act, a new bill that requires companies doing business in the state to disclose greenhouse gas (GHG) emissions.

California has become the …

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