Does COP28 Sound Like Old News to You? It Shouldn’t February 13, 2024 COP28 is still relevant, and it would be a mistake to forget it. While the frenzy around COPs may arise speedily and die down just as fast among most stakeholder groups, their impact is far reaching – they set the tone for the year ahead, and lay the foundations for the years after that. They [...]
After years of vague pledges, company boards are starting to care about their emissions March 20, 2023 For the first time, investors and company boards are taking to start taking climate risk more seriously as we head towards Cop28, hosted by the United Arab Emirates this year, writes Kari McCormmick.
Baillie Gifford ends Edinburgh Book Festival sponsorship after fossil fuel row May 31, 2024 Scottish asset manager Baillie Gifford has been dropped as a sponsor for the Edinburgh International Book Festival after a row over the company's investments in fossil fuels and companies benefiting from Israel's occupation of Palestine.
Aviva and Hargreaves Lansdown call on regulators to prioritise net-zero October 27, 2022 A group of top finance firms including Hargreaves Lansdown and Aviva Investors have called on financial watchdogs make net-zero a central objective if the UK is to avert the worst economic damage of climate change.
Saved by the bell: Drax showdown cut short as MPs summoned to votes October 26, 2022 There were "a lot of errors" in the BBC Panorama's expose of Drax's logging practices, argued the firm's leading energy expert.
Investors ignoring ESG claims in the hunt for returns, report suggests October 4, 2023 Green credentials are on the wane as a driver of investor decision making as money managers and retail punters hunt for firms with healthy bottom lines, a new survey has suggested.
Firms which fail to improve ESG performance will face action, FCA warns March 20, 2023 Companies creating benchmarks to measure environmental, social and governance (ESG) performance will be hit with enforcement action if they fail to improve their “poor” performance, the Financial Conduct Authority (FCA) warned today. The City watchdog has been tightening rules around ESG claims and is set to roll out a host of new measures this year [...]
City firms face increasing regulatory burden from post-Brexit overhauls March 20, 2024 City firms are facing increased regulatory pressure, according to new data shared exclusively with City A.M., as the UK and EU diverge on financial services rules.
Mishcon de Reya kicks off probe for potential group shareholder claim against Drax February 29, 2024 The firm has partners Richard Leedham, Andrew Short and associate Tiffany Morgan on the investigation.
Private equity-owned firms facing pressure over ‘poor’ human rights and ESG transparency January 19, 2024 Private equity-backed companies are under pressure to improve “poor” reporting on areas like human rights and social impact amid a global pull-back from environmental, social and governance [ESG] standards over the past year.