Manhattan New York chamber of commerce facade and columns US

Lawsuit filed against California’s disclosure rules

February 7th, 2024


The US Chamber of Commerce has filed a lawsuit against the state of California over its new corporate climate disclosure laws.

The new corporate disclosure laws, which were signed by California …

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climate reporting

Australia proposes new law on climate reporting

February 5th, 2024


The Australian government has proposed a new law to establish a climate risk disclosure framework, introducing new reporting requirements for companies.

The draft legislation amends the Australian Securities and Investment …

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climate risk

Pensions not protecting people from climate-related financial risk

February 2nd, 2024


Pensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.

The report, ‘…

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European Commission

Friends of the Earth files lawsuit against ING

January 31st, 2024


The Netherlands arm of Friends of the Earth, Milieudefensie, has filed a climate lawsuit against financial services group ING, calling on it to halve its carbon emissions.

The lawsuit …

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diversity

CalSTRS revises corporate governance principles

January 19th, 2024


The California State Teachers’ Retirement System (CalSTRS) has adapted its corporate governance principles to include company’s workforce as an issue for engagement.

The new report outlining CalSTRS corporate governance principles includes four …

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net zero

IIGCC publishes net zero voting guidance

January 18th, 2024


The Institutional Investors Group on Climate Change (IIGCC) has published guidance to support investors in developing their own net zero policies and practices.

The Net Zero Voting Guidelines are aligned with …

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circular economy

EU says circular economy is “vital” to meeting climate goals

January 12th, 2024


The European Commission has renewed its commitment to a circular economy and reducing reliance on fresh resources, describing it as a “no brainer”.

Florika Fink-Hooijer, director general …

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SFDR

SFDR criticised over fund labelling and mandatory disclosures

January 12th, 2024


Assets managers have called for a new approach to fund labelling and mandatory disclosures in the European Commission’s Sustainable Financial Disclosure Regulation (SFDR).

In response to a consultation on …

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WWF call for urgent government action on biodiversity

January 12th, 2024


The Worldwide Wildlife Fund for Nature (WWF) have warned that without major changes by the UK government the food system in England will continue to fail people.

In a …

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climate change

Asset managers failing to utilise shareholder engagement with fossil fuels

January 5th, 2023


Asset managers that finance fossil fuel expansion are failing to effectively employ shareholder engagement tactics.

Asset managers failed to translate their words into actions at fossil fuel …

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