Archive

11 CA100+ signatories 'repeatedly voting against' flagged resolutions

Members of the Climate Action 100+ (CA100+) failed to vote for resolution's flagged by the initiative during the 2023 proxy season, raising concerns about some signatories' commitment to the world's biggest engagement initiative.

Updated: Financial institutions partially exempt from supply chain due diligence under 'milestone' rules

The finance sector will be exempt from carrying out environmental and social due diligence of companies 'downstream' in the supply chain under newly agreed EU rules, in a victory for lobbyists who claimed it would add disproportionate costs and unfairly expose institutions to legal claims.

Require transition plans in Solvency II, EU urged

UK urged to implement delayed SDR framework with amendments for social-related disclosures

ShareAction: Three quarters of asset managers lack deforestation commitments

'Ground-breaking' CSDDD rule secures European Parliament approval

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

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.

Asset manager biodiversity action 'lagging' behind other ESG themes

Four largest asset managers 'backed only a fifth of 2022 climate resolutions'

Glencore shareholders demand more transparency on coal plan

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