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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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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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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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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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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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.
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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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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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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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Proposed legislation will hold financial services firms based in or operating in the EU accountable for human rights and environmental violations in their value chain.
The latest draft of the European Commission’s …
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