Governance and stewardship news

A major greenwashing study has been launched by three of Europe’s most powerful financial regulatory bodies.

Rishi Sunak has urged the UK’s top executives to react to the cost-of-living crisis by showing “restraint” with their pay.

AGL Energy’s Board was overhauled at its recent AGM due to concerns over its climate risk management and a shareholder campaign by tech billionaire Mike Cannon-Brookes. AGL is Australia’s largest greenhouse gas emitter, and the voting results will place pressure on other large emitters to accelerate their decarbonisation plans.

The UK's Financial Conduct Authority (FCA) has seen progress in its case alleging market abuse against the former Globos Plc. CEO, Mr Konstantinos Papadimitrakopoulos, and former CFO, Mr Dimitris Gryparis.

The Taskforce on Nature-related Financial Disclosures (TNFD) has released an ambitious third draft of its beta framework and is calling for greater transparency from companies.

Seven West Media (SWM) has had to reissue its 2022 remuneration report after discovering it was based on miscalculations by external consultants Ernst & Young (EY).

In this analysis, Minerva's Senior Stewardship Analyst, Thomas Bolger, examines trends identified in connection with racial justice audit shareholder requests in the 2021 and 2022 US proxy seasons.

The London Pensions Fund Authority (LPFA) has outlined how it plans to meet its members’ expectations by becoming a net-zero organisation.

The pensions industry needs to pull its finger out and embrace the concept of ‘double materiality’ in order to pull its weight when it comes to meeting sustainability goals.

Wall Street’s top regulator has confirmed new rules relating to how investment funds report their proxy votes.