Diversity, equity and inclusion (DEI)

Financial firms and Costco face continued pressure over DEI policies

January 31, 2025


Companies remain under scrutiny for their diversity, equity and inclusion (DEI) policies, with two separate coalitions—both led by Texas Attorney General Ken Paxton—targeting a group of financial …

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sustainability reporting

Two accountancy bodies collaborate on standards for sustainability reporting

January 29th, 2025


The International Auditing and Assurance Standards Board (IASSB) and the International Ethics Standards Board for Accountants (IESB) have published standards and guidance to strengthen sustainability reporting.

The integrated …

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Businessman analyze sustainability investment with icons of green business. Concept of Sustainable development. ESG, Co2, Green technology, Net zero, green energy, and Carbon credit. Copy space.

January 22nd, 2025


The Financial Reporting Council (FRC) has found that while companies have made efforts to comply with climate-related financial disclosures requirements, the quality of these disclosures varies significantly.

In a review

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Finance leaders join TISFD’s Steering Committee to guide framework development

January 21st, 2025


Several finance leaders have joined as members of the Taskforce on Inequality and Social-related Financial Disclosures’ (TISFD’s) Steering Committee.

Senior executives from AXA, ING, CalPERs, Schneider Electric …

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BlackRock is among the companies targeted for its lobbying payments

NZAM initiative suspends activities amid rising political pressure

January 17th, 2025


The Net Zero Asset Managers initiative (NZAM) has suspended its activities following BlackRock’s departure and growing political pressure in the US.

The group, which aims to align the …

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London. UK- 03.01.2023. The online wed pages of the fast fashion retailer giant Shein on a smartphone.

Shein faces criticism for failing to address forced labour concerns

January 9th, 2025


Shein has faced backlash after MPs criticised the online fashion retailer for its lack of transparency regarding the origin of its cotton and raised concerns about potential …

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Investors file resolutions for LNG and AI oversight at Shell and Berkshire Hathaway

January 9th, 2025


Activist investors have filed shareholder resolutions against Shell and Berkshire Hathaway ahead of both companies’ annual general meetings (AGMs) which are to be held …

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Hong Kong, ESG

Hong Kong releases climate reporting standards

December 17th, 2024


Hong Kong’s Institute of Certified Public Accountants (HKICPA) has published new climate reporting standards.

Both new standards, HKFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and HKFRS S2 …

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swiss stewardship code, Switzerland

Switzerland proposes expanding scope of mandatory climate reporting

December 13, 2024


Switzerland has proposed broadening the scope of companies subject to mandatory climate reporting.

The Swiss Federal Council has launched a consultation on proposed updates to its sustainability-related disclosure rules, …

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ESG, PRI

Oklahoma pushes forward with efforts to reinstate an anti-ESG law

December 13, 2024


Oklahoma’s Attorney General has appealed to the state’s Supreme Court to reinstate an anti-ESG law which was previously struck down in the ruling of a lower court.…

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