Global standard-setters unite on sustainability reporting

EU eases sustainability reporting rules 

June 20, 2023


The European Commission has introduced a series of proposed changes aimed at easing the burden on companies falling under the newly-widened remit of the European Sustainability Reporting Standards (ESRS). 

The proposals seek …

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EU Flags in front of the European Commission

ESG rating providers face EU regulation

June 15th, 2023


The European Commission is introducing new rules for ESG rating providers as part of a package of regulations to extend its sustainable finance framework.

In a bid to standardise ESG ratings, …

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Floating green icons representing sustainability data and science

Science Based Targets Network releases inaugural nature targets

June 2, 2023


The Science Based Targets Network (SBTN) has issued the first science-based targets for how companies measure and quantify their environmental impacts.

The goal of the targets is to empower …

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Shell petrol station

Shell faces high dissent on climate

May 25, 2023


Climate investors face disappointment as Shell shareholders vote against a resolution to reduce emissions in line with the Paris Agreement. 

During Shell’s annual general meeting on May 23, shareholders rejected the …

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Glencore Mine, Mt Isa, Queensland, Australia

Glencore faces investor unrest at AGM 

May 23, 2023


Mining company Glencore faces increased pressure from investors seeking greater transparency on how its thermal coal production aligns with the Paris Agreement.  

Ahead of the annual general meeting on May …

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EU, European Parliament

EU votes to ban unsupported carbon neutral claims  

May 17, 2023


The European Parliament has voted to support a proposed ban on environmental claims that are based solely on carbon offsetting schemes. 

The ‘Directive on Green Claims’ would …

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Cologne,,Germany,-,August,25,,2016:,Toyota,Dealership,Sign,Against

Toyota facing investor climate transparency push

May 16, 2023


Japanese car giant Toyota is being urged to strengthen its reporting around climate change activities, after a proposal was successfully added to its upcoming Ordinary General Meeting.

Proposed Resolution 4, …

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Shell petrol station

Shell climate resolution gains support 

May 11, 2023


Lead investors engaging Shell under Climate Action 100+ have indicated their intention to support a climate resolution requiring the company to align its scope 3 emissions targets with the Paris Agreement.  

Dutch …

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Davos sustainability

$10trn coalition urges plastic crisis action 

May 10, 2023


An investor coalition overseeing $10trn in assets has called for urgent action from the consumer goods and grocery retail sector to address the plastic crisis. 

In a joint statement, 185 …

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Consumer groups slam attempt to delay SRD II

Investors show dissatisfaction with BP’s climate strategy

May 5, 2023


BP is under pressure to align its Scope 3 emission reduction plans with the Paris Climate Agreement after investors backed a shareholder resolution at its AGM. 

At the meeting late …

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