Global trade unions have called on the Accord in Fire and Building Safety in Bangladesh to be extended to include boiler safety after the recent explosion (3rd July) at the Multifabs garment factory in the capital Dhaka that killed at …
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A coalition of 79 institutional investors from 10 countries, with nearly $8 trillion assets under management, coordinated by the responsible investment group, ShareAction, have backed a demand that companies disclose more information on how they manage their global workforces.
The
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The Financial Stability Board (FSB) welcomed the publication this week of the final report by the industry-led Task Force on Climate-related Financial Disclosures (TCFD) which included recommendations for effective disclosure of climate-related financial risks. Over 100 company bosses with a …
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The Organisation for Economic Co-operation and Development (OECD) has published its Annual Report on the OECD Guidelines for Multinational Enterprises (MNE) 2016 – the year which marked their 40th anniversary. The report’s publication came just before the annual OECD’s global …
Read MoreThere are no legal or regulatory barriers to pension funds, whether defined contribution or defined benefit, making investments that support the wider social good, according to a new report by the UK’s Law Commission. Current barriers identified by the …
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The Task Force on Climate-related Financial Disclosures (TCFD) set up by the Financial Stability Board will be publishing its final recommendations on Monday (29th June).
This follows a consultation on its initial report which was published in December which the …
Read MoreResponsible investment pressure group ShareAction has taken over the Asset Owners Disclosure Project (AODP), which has worked to improve the management of climate risk investors have in their portfolios and to improve the level of disclosure about those risks.
For …
Read MoreThe water sector regulator, Ofwat, has fined Thames Water the maximum automatic penalty it can of £8.55m for admitting in this year’s report and accounts that it will miss its leakage reduction targets for the first time 11 years. …
Read MoreAmerican companies, responsible investment campaigners and city mayors have voiced their support for the Paris climate change agreement after President Donald Trump confirmed he would withdraw the US from the accord. During his election campaign last year Trump had …
Read MoreShareholders back management on climate change
Shareholders in oil giant Shell overwhelmingly gave their backing to management and its approach to planning for a transition to a low carbon economy at its AGM this week (23rd May). The voting results…
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