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EU Council Approves Delay to CSRD and CSDDD Sustainability Reporting Regulations

EU Council Approves Delay to CSRD and CSDDD Sustainability Reporting Regulations

EU member states in the European Council announced that they have approved the European Commission’s ‘stop-the-clock’ directive, delaying the implementation of key sustainability reporting and due diligence regulations, including the CSRD and CSDDD. The directive forms the first major step in the Commission’s Omnibus I package, aimed at significantly reducing the sustainability reporting and regulatory burden on companies, and particularly…

GravitHy Raises $65 Million to Help Decarbonize Steel Industry

GravitHy Raises $65 Million to Help Decarbonize Steel Industry

Sustainable iron startup GravitHy announced that it has raised €60 million (USD$64.7 million), with proceeds aimed at supporting its plans to produce low-carbon iron to help decarbonize the steel industry. Steelmaking is one of the biggest emitters of CO2 globally, and one of the more challenging sectors to abate, with total greenhouse gas emissions (GHG) from the sector accounting for…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…

AXA IM among shareholders to urge Next, M&S and JD Sports to tackle poverty wages

Three investor groups have filed shareholder resolutions at retail giants Next, M&S and JD Sports aiming to address the issue of poverty wages in their workforces. Co-ordinated by responsible investment NGO, ShareAction, 115 individual investors are behind the resolutions, with seven institutional investors managing over £1trn in assets – including AXA Investment Managers, Scottish Widows, Trust for London, the Greater…