• 'Ground-breaking' CSDDD rule secures European Parliament approval

    02 June 2023

    The EU Corporate Sustainability Due Diligence Directive (CSDDD) has secured approval from the European Parliament that will require companies to implement climate transition plans and disclose the impact of their value chains on human rights and the environment.

  • Financial institutions in scope of EU due diligence rules after vote

    26 April 2023

    Financial institutions would be required to disclose climate transition plans and conduct due diligence to ensure they do not contribute to negative impacts across their value chain, under new rules agreed by an influential EU Parliamentary committee.

  • Glencore shareholders demand more transparency on coal plan

    05 January 2023

    Investors representing $2.2 trillion in assets have asked Glencore to provide more information on how the mining giant's ongoing thermal coal production aligns with its commitment to support the Paris agreement

  • Calls to include financial services in CSDDD

    23 December 2022

    MEPs and NGOs urge the European legislators to include financial institutions and strengthen social requirements in its version of the Directive

  • HSBC pledges to stop financing new oil and gas

    14 December 2022

    HSBC has announced it will not finance any new oil and gas fields, in a move a pressure group said sends a strong signal to other banks to follow.