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Global progress on sustainability standards, according to FSB

November 14th, 2024


The Financial Stability Board (FSB) has released its 2024 Achieving Consistent and Comparable Climate-related Disclosures report. 

The report gives insight into the progress global jurisdictions have made in implementing

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US Dollar, ESG, ESG reporting

Invesco to pay $17.5 million against greenwashing allegations 

November 13th, 2024

 

Invesco advisers have designated $17.5 million to resolve allegations that the firm had been greenwashing, according to the Securities and Exchange Commission (SEC). 

 The allegation follows a claim that

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FRC, Stewardship Code, Corporate Governance Code

FRC to review UK Stewardship Code

November 13th , 2024

 

The Financial Reporting Council (FRC) has launched a consultation on proposed updates to the UK Stewardship Code. 

Running until 29 February 2025, the consultation should follow extensive engagement with over

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Microsoft

Non-profit warns Microsoft of greenwashing risks from fossil fuel partnerships

November 7th, 2024


A non-profit organisation has called on Microsoft to acknowledge the risks it faces, including greenwashing, due to its partnerships with fossil fuel-linked companies.

In a filing with

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Asia, Bangkok, Smog

Initiative launched to drive investor action on corporate air pollution

November 6th, 2024


Guy’s & St Thomas’ Foundation and CCLA Investment Management have launched a public consultation to tackle corporate air pollution through investor action.

The health foundation and charity …

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Santos

Activist group ACCR sues Santos for greenwashing in a landmark case

November 1st, 2024


The landmark case filed by the Australasian Centre for Corporate Responsibility (ACCR) accusing Santos of greenwashing has been brought to the Federal Court of Australia.

In …

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shareholder rights

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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nature

TNFD publishes nature transition guidance

October 31st, 2024


The Taskforce on Nature-related Financial Disclosures (TNFD) has published a discussion paper setting out draft guidance on nature transition planning.

For corporates and financial institutions, the paper details how to develop and …

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Southwest dismisses shareholder proposal as an attempt to “maximise disruption”

October 18, 2024


Southwest Airlines has condemned a shareholder’s proposal to replace board members, calling it an “unnecessary and inappropriate” attempt to “maximise disruption.”

Elliott Investor Management, one of Southwest’s …

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responsible conduct

UK expectations of a ‘good business’ shift from profits to responsible conduct

October 17th, 2024


The UK public’s expectations on what defines a good business have shifted, with growing demands for companies to make a more positive impact, according to …

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