Group of 11 states sue three major asset managers over coal reduction goals
December 5th, 2024
A coalition of 11 US states has filed a lawsuit against BlackRock, State Street and Vanguard, accusing them of using their shares in major …
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ICEV reveals policies of major investors on dual-class share structures
November 29th, 2024
While investors value the ‘one share, one vote’ principle, many see dual class share structures as appropriate in certain circumstances and for a limited time, according to …
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EU and UK introduce regulations for ESG ratings providers
November 28th, 2024
Both the EU and UK are set to implement regulations for ESG ratings providers aimed at improving transparency in methodology and strengthening investor confidence.
The Council of the …
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FRC urges companies to prepare for updated Corporate Governance Code
November 27th, 2024
As companies get ready to implement the revised UK Corporate Governance Code from January 2025, the Financial Reporting Council (FRC) has called on them to improve their …
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Smithfield Food fined $2m for child labour violations
November 20th, 2024
Smithfield Food has agreed to pay $2 million to the Minnesota Department of Labor and Industry (DLI) as part of other repercussions to settle child labour violations at one …
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Investor-led coalition urges US states to meet federal methane standards
November 19th, 2024
A coalition of 35 institutional investors representing more than $2 trillion in assets has called on US states to act in line with federal methane standards to …
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Global progress on sustainability standards, according to FSB
November 14th, 2024
The Financial Stability Board (FSB) has released its 2024 Achieving Consistent and Comparable Climate-related Disclosures report.
The report gives insight into the progress global jurisdictions have made in implementing …
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Invesco to pay $17.5 million against greenwashing allegations
November 13th, 2024
Invesco advisers have designated $17.5 million to resolve allegations that the firm had been greenwashing, according to the Securities and Exchange Commission (SEC).
The allegation follows a claim that …
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FRC to review UK Stewardship Code
November 13th , 2024
The Financial Reporting Council (FRC) has launched a consultation on proposed updates to the UK Stewardship Code.
Running until 29 February 2025, the consultation should follow extensive engagement with over …
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EU Commission’s advisory body issues guidance on credible transition plans
November 8th, 2024
The European Financial Reporting Advisory Group (EFRAG) has released initial voluntary guidance on how businesses should draw up credible climate transition plans.
The official advisory body to …
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