Judge rules American Airlines unlawfully considered ESG factors in 401(k) plan
January 15th, 2025
A Texas federal judge has ruled that American Airlines violated federal law by allowing ESG factors to influence its employee retirement plan, Reuters reports.
Judge …
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US regulators have made significant progress on climate-related risks, scorecard finds
December 18th, 2024
Ceres’ latest scorecard revealed that while the 10 US financial regulators have taken hundreds of actions over the last 18 months to address the systematic financial …
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California lawmakers threaten regulator
December 18th, 2024
California lawmakers have threatened the California Air Resources Board (CARB) in a letter concerning legislative oversight hearings.
California State Senators Scott Wiener and Henry Stern have warned the regulator with legislative oversight hearings …
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South Korea proposes amendments to better protect minority shareholders
December 6th, 2024
South Korea’s financial regulator has pushed for a revision of the law to improve transparency and fairness in corporate mergers, aiming to better protect minority shareholders.
The Financial …
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EU and UK introduce regulations for ESG ratings providers
November 28th, 2024
Both the EU and UK are set to implement regulations for ESG ratings providers aimed at improving transparency in methodology and strengthening investor confidence.
The Council of the …
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FRC urges companies to prepare for updated Corporate Governance Code
November 27th, 2024
As companies get ready to implement the revised UK Corporate Governance Code from January 2025, the Financial Reporting Council (FRC) has called on them to improve their …
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ICGN recommends changes to European shareholder rights
October 31st, 2024
The International Corporate Governance Network (ICGN) has issued recommendations to the European Commissions aimed at harmonising shareholder rights and creating more cohesive legislation.
The non-profit organisation, which is backed by …
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Commission outlines investor actions needed for sustainable mining
October 11th, 2024
A commission supported by investors managing over $15 billion in assets has outlined key actions investors can take to improve sustainability in the mining sector.
The Global Investor …
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California sues ExxonMobil for misleading plastic waste claims
October 3rd, 2024
California Attorney General Rob Bonta has sued ExxonMobil for producing misleading public statements and campaigns for over half a century about its commitment to reduce plastic waste.
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