Archive

Calls to include financial services in CSDDD

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

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.

UK's FCA appoints ESG advisory committee

Desiree Fixler is among six members of an advisory committee on environmental, social and governance (ESG) issues to have been appointed by the UK's financial services regulator.

EU sustainability due diligence rules' finance opt-out 'extremely disappointing'

A landmark draft EU law on environmental due diligence rules for corporates will fail to bring about meaningful action as it will be voluntary for financial institutions, non-profit ShareAction has said.

GFANZ drops requirement to align with UN Race to Zero campaign

The Glasgow Financial Alliance for Net Zero (GFANZ) has scrapped its requirement for members to align with a campaign requiring a fossil fuel phase-out.

Finance must report ethnicity pay gap, ShareAction says

Sainsbury's living wage vote 'breaks new ground'

A resolution for UK supermarket Sainsbury's to extend the living wage to indirectly employed staff received 17% support from shareholders...

M&G faces shareholder backlash on its climate transition plan

One-fifth of shareholders reject net-zero emissions commitments

ShareAction: Little evidence of CA100+ success

There is "little evidence" ClimateAction 100+ (CA100+) has achieved its initial five-year goal of ensuring the world's largest companies take necessary action on climate change by 2022, ShareAction has said.

UK has 'disowned' Dasgupta Review

The UK government has "disowned" the Dasgupta Review into the economics of biodiversity, through failing to act upon its findings, a politician claimed.