American Airlines

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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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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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 Air Resources Board (CARB)

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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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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south korea

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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coal, Industrial companies largely ignoring climate risks

Group of 11 states sue three major asset managers over coal reduction goals

December 5th, 2024


A coalition of 11 US states has filed a lawsuit against BlackRock, State Street and Vanguard, accusing them of using their shares in major …

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dual-class share structures, AGM, shareholder proposals

ICEV reveals policies of major investors on dual-class share structures

November 29th, 2024


While investors value the ‘one share, one vote’ principle, many see dual class share structures as appropriate in certain circumstances and for a limited time, according to …

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