2024 policy also recommends votes against nominating committees at boards without a 40% minimum ethnic diversity and 50% gender balance. ESG-aligned investors have been advised to vote against company boards that seek to challenge shareholder resolutions through the courts, as part of As You Vote 2024 Proxy Vote Guidelines. The new policy comes in reaction to ExxonMobil’s unusual move this…
Canada’s Pensions Taking Small Steps to Climate Credibility
Leaders are emerging from the pack, but benchmark study suggests schemes continue to lag behind on transition progress. Canadian pension funds have been challenged to raise their climate ambition to keep pace with international counterparts, having made limited progress over the last 12 months. “We can’t solve the climate crisis without Canada’s largest asset owners and managers getting involved,” said…
Canadian Pensions Timid on Climate Action
Leaders are emerging from the pack, but a benchmark study suggests schemes continue to lag behind on transition progress. Canadian pension funds have been challenged to raise their climate ambition to keep pace with international counterparts, having made limited progress over the last 12 months. “We can’t solve the climate crisis without Canada’s largest asset owners and managers getting involved,”…
SEC Pauses Its Climate Rules Amid Litigation Challenges
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for many companies, greenhouse gas emissions….
SEC Pauses Its Climate Rules Amid Litigation Challenges
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for many companies, greenhouse gas emissions….
SEC Pauses Its Climate Rules Amid Litigation Challenges
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for many companies, greenhouse gas emissions….
SEC Pauses Its Climate Rules Amid Litigation Challenges
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for many companies, greenhouse gas emissions….
SEC Pauses Its Climate Rules Amid Litigation Challenges
The SEC today paused implementation of the climate rules the agency rolled out less than one month ago, in the face of significant legal challenges in numerous federal lawsuits. The rules would impose substantial disclosure mandates on companies, including concerning the costs of extreme weather events, corporate strategies for addressing climate change, corporate governance procedures and, for many companies, greenhouse gas emissions….
EY Launches Sustainable Finance Hub to Help Financials Meet New ESG Reporting, Regulatory Requirements
Professional services firm EY announced today the launch of a new Sustainable Finance Innovation Hub, aimed at supporting financial institutions globally in meeting their ESG regulatory and reporting requirements. Based in Dublin, the new hub will add 40 specialists over the next few months, spanning the environmental, social and governance pillars of ESG, more than tripling the size of EY…
SEC Pauses Climate Disclosure Rules Amidst Legal Challenges
The U.S. Securities and Exchange Commission announced that it has paused the implementation of its recently released climate disclosure rules requiring companies to report on climate-related risks and greenhouse gas (GHG) emissions, as it awaits a court review of the new rules following a series of legal challenges by several states and business groups. Despite the decision to pause the…