UK government to introduce law regulating ESG rating agencies
August 9th, 2024
The UK’s chancellor of the exchequer Rachel Reeves has announced the government will propose a new bill introducing regulations for ESG rating agencies.
On a visit to Toronto, …
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Mercer faces $11.3m penalty over greenwashing
Augusr 7th, 2024
The Australian Securities and Investments Commission’s (ASIC) case against Mercer Superannuation (Australia) has led to the Australian Federal Court fining the firm $11.3 million.
In the landmark case, ASIC’s first …
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Pension schemes too focused on minimum ESG requirements
August 1st, 2024
The Pensions Regulator (TPR) found that many pension trustees are only delivering on the minimum requirements for the ESG duties.
The UK regulator’s Market Oversight: ESG report found that …
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ESMA releases opinion on sustainability framework
July 30th, 2024
The European Securities and Markets Authority (ESMA) has published an opinion on the EU’s Sustainable Finance Regulatory Framework, calling for long-term improvements.
The financial markets regulator said that while the framework …
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Action on climate needed for global equity values
July 24th, 2024
Climate risk has a significant impact on global equity valuations and aggressive policies are needed to reduce losses, according to research from EDHEC-risk climate impact institution.
The study, “…
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CalPERS reinforces commitment to shareholder engagement
July 19th, 2024
The California Public Employees’ Retirement System (CalPERS) has reasserted the importance of shareholder rights following ExxonMobil’s AGM.
Speaking at the Investment Diversity Exchange conference, CalPERS’ CEO Marcie Frost said its rift …
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