TNFD nature-related disclosures

SBTN publishes updated guidance for nature targets

July 18th, 2024


The Science Based Targets Network (SBTN) has released amended guidance and a new corporate manual with updated advice for companies.

The updated technical guidance and enabling materials emphasised the importance …

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listing rules, rules

FCA overhauls listing rules in final reforms

July 12th, 2024


The Financial Conduct Authority (FCA) has updated the UK’s listing regime to streamline the rules, hoping to boost growth and innovation.

The rules, which will apply from 29 July …

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greenwashing

CFA warns changes needed to EU regulatory framework

July 12th, 2024


The Chartered Financial Analyst (CFA) Institute has urged the European Union (EU) to address the challenge of unreliable ESG data and mitigate greenwashing risks in its ESG regulatory framework.…

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Sustainability reporting

EU officially publishes CSDDD

July 9th, 2024


The European Union (EU) has officially released the Corporate Sustainability Due Diligence Directive (CSDDD), which will soon be adopted into EU member states’ law.

Following a final vote by the European Parliament, the …

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biodiversity

PRI launches ‘Spring’ engagement process to tackle biodiversity loss

June 27th, 2024


The Principles for Responsible Investment (PRI) has launched the engagement process for Spring, an investor stewardship initiative focused on tackling the material financial risks of biodiversity loss.

The …

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sustainability plans

ISSB starts two-year plan and publishes feedback statement

June 26th, 2024


The International Sustainability Standards Board (ISSB) has started on its two-year work plan to improve harmonisation and consolidation of sustainability disclosure guidance.

The ISSB chair Emmanuel Faber announced that …

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Lawsuit

Exxon lawsuit against shareholder activist voided

June 21st, 2024


A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.

US District Court Judge Mark Pittman concluded that ExxonMobil’s claim is moot and dismissed the lawsuit without prejudice, …

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SFDR

ESAs propose introduction of SFDR labels

June 20th, 2024


The three European Supervisory Authorities (ESAs) have published a joint proposal calling for an update to the Sustainable Finance Disclosure Regulation (SFDR).

The regulators, the European Banking Authority (EBA), the European …

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Elon Musk Silhouetted in front of the Tesla logo

Tesla shareholders approve Musk’s huge pay day

June 14, 2024


Tesla shareholders have approved CEO Elon Musk’s $56 billion pay package – the largest in US corporate history – after it was rescinded by a Delaware court in January.

The …

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AG Barr

AG Barr Shareholders Vote to Increase New CEO’s Pay

June 12, 2024

Shareholders of AG Barr have supported a resolution to increase the new CEO’s salary by 25.7%, despite the company cutting almost 200 jobs in a strategy pivot earlier …

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