Australian regulators are increasing their oversight of climate change reporting by listed companies and financial institutions, the regulators said this week.
2020 Corporate Responsibility Report Outlines Initiatives and Progress in Advancing Pentair's Journey Towards Delivering a More Sustainable Company Pentair plc (NYSE:PNR), a leading provider of water
Shareholders pass vote for HSBC to phase-out global coal financing by 2040
Shareholders of HSBC have today passed a proposed management resolution that commits the bank to phase-out financing for the coal industry by 2040 worldwide, following successful campaigning from investors.
HSBC must now publish a plan outlining its new phase-out policy
HSBC shareholders today met to vote on the climate resolution, which if passed would commit the company to phase out finance for the coal industry by 2030 in the OECD and by 2040 worldwide.
Earlier this year, investors with a combined $2.4trn in assets under management filed a resolution at HSBC, calling on the bank to publish a strategy that outlines efforts to reduce exposure to fossil fuel assets.
A global tax deal that would impose a minimum 15% tax on the profits of big international tech companies could be given the green light ahead of the G7 summit in Cornwall next month, as the UK government pushes for a deal. Talks between the US president, Joe Biden, Boris Johnson and the other leaders of the richest seven nations are understood to be delicately balanced as they seek to hammer out a framework agreement before they meet in Carbis.
Securities Exchange Commission requests public comments to be made ahead of their decision to possibly strengthen Environmental, Social, and Corporate Governance ESG disclosures for corporations. Dir. of Division of Corporation Finance John Coates urges submissions sooner rather than later.