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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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.
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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 …
Read More$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 …
Read MoreInvestors 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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EU adds financial services to due diligence proposal
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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BP shareholders demand tighter climate policy
April 15, 2023
Follow This has urged shareholders to support its proposal to align BP’s climate policy with the Paris Agreement after the oil giant lowered targets earlier this year.
Ahead of BP’s annual …
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Pilot test shows TNFD requires further guidance
April 13, 2023
Taskforce on Nature-related Financial Disclosures (TNFD) requires further guidance, according to results from pilot testing of the beta framework.
The UNEP FI-led pilot found that the current version of the …
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New US coalition demands right to invest responsibly
April 13, 2023
A coalition of more than 300 investors and companies has urged US policymakers to protect their freedom to invest responsibly.
The ‘Freedom to Invest’ coalition produced a statement arguing …
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FCA delays introduction of SDR
April 12, 2023
The Financial Conduct Authority (FCA) has postponed the introduction of rules aimed at eradicating greenwashing across the UK’s asset management sector.
The UK regulator has delayed the implementation date for sustainability disclosure …
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