Archive

Asset manager support for ESG resolutions slumps, says ShareAction

Responsible investment charity ShareAction has found asset manager support for environmental & social-focused resolutions has dwindled over the past year.

Raise insurers' capital requirements for fossil fuel assets, EU urged

Business needs clarity on EU omnibus proposals, NGOs tell von der Leyen

NZBA should be 'more ambitious' amid bank departures, says ShareAction

The Net-Zero Banking Alliance (NZBA) needs to 'set more ambitious standards' in response to the departure of major US banks in the past month, an NGO has claimed.

Investor group sounds alarm as GFANZ drops Paris alignment requirement

The decision by the Glasgow Financial Alliance for Net Zero (GFANZ) to broaden its membership requirement to include institutions that want to mobilise capital for the transition to a net-zero economy has raised concerns over its members' commitments to tackling climate change.

Creation of EU sustainability labels will tackle SFDR greenwashing, prospective commissioner says

"Greenwashing" facilitated by misuse of the Sustainable Finance Disclosure Regulation (SFDR) could be tackled with the creation of sustainability labels, the prospective European Commissioner for financial services has suggested.

'Robust escalation strategies' needed on biodiversity, says ShareAction

Investors have been urged to tackle biodiversity risk in their portfolio in a ShareAction report, which calls for 'robust" escalation strategies, including divestment.

ShareAction calls for stronger asset manager approach to fossil fuels

Asset managers must take a more robust approach to fossil fuel -producing companies, according to a new paper from ShareAction, as current policies could harm the transition to a lower-carbon economy.

Shareholders back Scope 3 targets for Yara International

Support for an unsuccessful resolution at Yara International's AGM to set Scope 3 emissions reduction targets shows an increasing focus on the climate impacts of the fertiliser industry, according to ShareAction.

Barclays shareholders call for stronger fracking stance

A group of Barclays shareholders has published a letter demanding the bank close loopholes in its energy policy that allow it to finance fracking activities.