sustainability Archives

Sustainable finance key to EU recovery say investor groups

A coalition of sustainability and investment groups including Share Action and led by the think tank E3G have published a Sustainable Finance Plan for the European Union. The group argues that arguing that to more investment in the EU could …

Company tax disclosures improving says FRC

Company tax disclosure has improved in the UK according to the Financial Reporting Council (FRC). In a new review of 33 companies’ reports and accounts the FRC found evidence of improvements in the transparency of disclosures included in strategic reports …

PRI publishes ESG roadmaps for UK and USA

The Principles for Responsible Investment (PRI), The United Nations Environment Program Finance Initiative (UNEP FI) and The Generation Foundation, have published US and UK roadmaps, which set out recommendations to fully embed the consideration of environmental, …

New CDP report adapting to a low carbon future

CDP, the environmental NGO is calling on investors and firms to adapt quickly to a low carbon future. In a new report Out of the Starting Blocks, CDP in partnership with We Mean Business, presents its first annual …

Nevsun faces Eritrean forced labour trial in Canada

Nevsun Resources, (TSX: NSU / NYSE MKT: NSU) will face charges of forced labour in the Canadian courts, even though the allegations of slavery by its Bisha Mining Share Company subsidiary occurred in Eritrea. However, the three Eritrean men …

Thailand consults on Governance & Stewardship Codes – with added ESG

The Securities and Exchange Commission of Thailand is consulting on a draft corporate governance (CG) code, which will replace the country’s principles of good corporate governance 2012, and a new investment governance code. The deadline for responses to …

Shareholders urged to link executive pay at oil companies with climate change risks

UK investment campaign group ShareAction has urged investors to use the binding votes on remuneration policy at BP and Shell in 2017 to ensure the oil majors can demonstrate their commercial strategies are aligned with a move to a low …

FTSE 100 improves carbon reporting and boosts commitment to green energy survey finds

Communications firm BT has topped the rankings of Carbon Clear’s assessment of FTSE 100 company’s carbon reporting for the third year running.

The carbon advisory service’s survey scores the companies based on their monitoring, reporting and verification; their carbon strategy; …

Investors target food companies to urge encouragement of plant-based protein production

Forty institutional investors, including Coller Capital, three Swedish state pension funds, Aviva, Nordea and Robeco have launched an engagement with 16 multinational food companies highlighting the material risks posed by industrial animal production. The coalition, which together manages $1.25 trillion …

Thomson Reuters launches a global Diversity and Inclusion Index

Thomson Reuters has launched a Diversity & Inclusion (D&I) Index which ranks the top 100 publicly traded companies globally with the most diverse and inclusive workplaces, as measured by 24 metrics across four key categories: diversity, inclusion, people development and …