James Rogers, International Arbitration Partner, Jenner & Block, explains why the UK’s withdrawal from the Energy Charter Treaty may not benefit investors in renewable energy. Much has been written about the UK’s recently announced withdrawal from the Energy Charter Treaty (ECT), but are the campaigners and commentators celebrating this as a success missing the point? What is the ECT? The…

Dutch MEP and CSDDD rapporteur Lara Wolters accuses governments of “political posturing” as the directive faces further delays.   The European Council’s failure to approve the EU Corporate Sustainability Due Diligence Directive (CSDDD) this week has come under sharp criticism from politicians and NGOs.   Proposed by the European Commission in 2022, the CSDDD aims to enhance environmental and human…

Growing pressure from shareholders for robust ethical guidelines and governance structures seen as sending signal to policymakers. A proposal requesting greater transparency on AI at Apple failed to pass, but saw an optimistic response from experts ahead of what is set to be a busy year increased investor focus on the technology.  The proposal – filed by the pension trust…

Executive pay is still largely tied to oil and gas production as opposed to climate targets, Carbon Tracker claims.  Oil and gas companies are prioritising short-term productivity goals over long-term sustainability ambitions in their executive remuneration schemes, according to new research.  The report, published by financial think tank Carbon Tracker, analysed the remuneration policies of 25 of the largest listed…

Cambria Allen-Ratzlaff and Rose Easton have been named Chief RI Ecosystems Officers, underpinning a regions-first approach to better meet signatory needs. The Principles for Responsible Investment (PRI) has named two Chief Responsible Investment (RI) Ecosystems Officers, responding to signatory demand for an increased focus on local issues. Cambria Allen-Ratzlaff has been appointed Chief RI Ecosystems Officer for the Americas and…