Governance and stewardship news

The Asia Investor Group on Climate Change (AIGCC) has released a report to demonstrate how to effectively manage nature-related risks.

ExxonMobil's shareholders have released plans to vote against the company’s board of directors in response to its lawsuit against climate activist investors.

The Institutional Investors Group on Climate Change (IIGCC) has published guidance on incorporating sovereign bonds into a net zero investment strategy.

Institutional investors and shareholder advocacy firms across the world are increasingly calling for more action from energy companies in response to the climate challenge but the responsiveness of boardrooms remains tentative and varied.

Competition Bureau Canada has begun an investigation into lululemon over allegations of greenwashing.

Oklahoma Attorney General Gentner Drummond has fired the Treasurer-appointed legal counsel on the state’s anti-ESG law case.

Businesses incorporating the UN’s Sustainable Development Goals (SDGs) into their operations will see significant benefits, according to a new report.

A high-stakes shareholder fight has broken out at Germany’s fintech brokerage flatexDEGIRO AG. After a flurry of senior management changes, twenty percent shareholder, GfBk is demanding the removal of supervisory board chair Martin Kombacher at the conclusion of the virtual AGM scheduled for June 4, 2024.

The majority of CEOs are prioritising delivering on their sustainability journey but face challenges from the broader economic market.

The Council of Institutional Investors (CII) has invited members to comment on its proposal calling for dual-class companies to provide vote results on a class-by-class basis.

The Financial Conduct Authority (FCA) has predicted its Sustainability Disclosure Requirements (SDR) labels will improve consumers’ perception of the financial services industry.

Leading groups in sustainable finance have released guidance for issuers of green, social and sustainability sukuk.

The People’s Pension has released its responsible investment policy, which includes heightened expectations of its investment managers.

Aluminium, cement and steel industries are not aligned with a 1.5-degree trajectory, as set out in the Paris Agreement.