The People’s Trust, an investment trust due to be launched on the London Stock Exchange and Social Stock Exchange next month, has announced the first six members of its independent shareholders’ committee and its chair, Catherine Howarth, chief executive …

Read More

Retailer Marks & Spencer (M&S) topped the sustainability reporting rankings from Carbon Clear that this year covered companies from the major French index, the CAC 40, as well as the Spanish index, the IBEX 35, and the FTSE 100.

The …

Read More
TPR ESG

The Association of Member-Nominated Trustees (AMNT) and the UK Sustainable Investment and Finance Association (UKSIF) have achieved a commitment by 12 leading investment consultants that they will make clients aware of the guidance from The Pensions Regulator that pension funds …

Read More
State green business

Fund manager Aviva, in partnership with Index Initiative, the United Nations Foundation and the Business and Sustainable Development Commission, has launched the consultation phase of the World Benchmarking Alliance (WBA). This global multi-stakeholder initiative aims to develop and …

Read More

Water supplier, United Utilities, which has customers based in the North West of England, has been fined £666,000 and ordered to pay costs of over £32,000 after pleading guilty to polluting a river with untreated sewage effluent in Greater …

Read More

Four major companies – Estée Lauder, Kellogg’s, DBS Bank and Clif Bar – have joined RE100 – the 100% renewable energy campaign for businesses, led by The Climate Group in partnership with CDP a week before Climate Week NYC 2017

Read More

Global investment firm Vanguard has written an open letter to the directors of public companies worldwide specifying its priorities that it will engage with firms about as part of its stewardship programme.

The letter, from its chairman and chief executive …

Read More
FRC climate "major review"

The UK’s Financial Reporting Council (FRC) has begun a consultation on amendments to its guidance on the strategic report which aims to improve non-financial reporting by companies. The guidance was originally issued in 2014 when strategic reports were introduced.

The …

Read More
Sustainable investment specialist, Walden Asset Management, has withdrawn a resolution due to be voted on at a Vanguard mutual fund meeting in November. The resolution had challenged the proxy voting records on shareholder resolutions addressing significant social and environmental
Read More

Two private investors are taking legal action against Commonwealth Bank of Australia (CBA) for failing to adequately disclose climate change risk in the bank’s 2016 annual report. The shareholders are being represented by Environmental Justice Australia which has filed a …

Read More