sustainability Archives

US investors, companies back Paris climate change agreement

Climate change targets and a commitment to support the United Nations-led Paris Agreement have been agreed by US companies and investors at a press conference at the UN’s COP 22 Climate Change meeting in Marrakesh, Morocco. Signatories want to send …

Cyber-security – a material investor risk

New Minerva research shows board cyber-security risk gaps

As global economies become more digitally dependent, the continuing rise of cyber-security threats and actual breaches raises serious questions for shareholders. If technology fails, it is no understatement to say that the …

Cyber-security boost to UK as Tesco Bank suffers major attack

Cyber-security got a major boost from the UK government, just as Tesco Bank – a subsidiary of supermarket giant Tesco plc ($TESO) – became the latest public company to suffer millions of pounds of losses and dented customer confidence following …

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 …