climate change Archives

Exxon lawsuit against shareholder activist voided

A federal judge has tossed ExxonMobil’s lawsuit against activist ESG shareholder Arjuna Capital.

UN report shows how businesses benefit from engagement with SDGs

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

Greenwashing, Smoke stacks at coal burning power plant

Canadian regulator launches greenwashing investigation into lululemon

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

EU Parliament approves CSDDD

The European Parliament has voted to approve the Corporate Sustainability Due Diligence Directive (CSDDD) in another step towards the requirements being formally adopted by the European Union.

FCA proposes extended sustainability framework to include PMs

The UK’s Financial Conduct Authority (FCA) has opened a consultation to extend the Sustainability Disclosure Requirements (SDR) to include portfolio managers.

EU Parliament adopts voluntary certification framework for carbon removals

Members of the European Parliament (MEPs) voted to adopt an agreement to establish an EU certification framework for carbon removals.

Transition Plan Taskforce publishes final set of resources

The Transition Plan Taskforce (TPT) has launched its final sector guidance to help companies and financial institutions to develop their transition plans.

IIGCC updates its net zero framework to “reposition” wording

IIGCC updates its net zero framework to “reposition” wording March 27th, 2024 The Institutional Investors Group on Climate Change (IIGCC) has updated its Net Zero Investment Framework (NZIF) to “reposition” objectives and add asset classes. The group published NZIF 2.0 to replace the original version, which was published in April 2021. The new framework is […]

“Watered down” CSDDD approved by EU Committee

The European Parliament’s Legal Affairs Committee has voted in favour of the Corporate Sustainability Due Diligence Directive (CSDDD), amid criticism that the proposals were weakened by EU member states.

France Reduction of Co2 Emissions and ESG

ERAFP updates ESG and climate voting guidelines

France’s public pension fund Établissement de Retraite additionnelle de la Fonction publique (ERAFP) has updated its voting policy guidelines covering the evaluation of ESG and climate data.