Financial Conduct Authority head office and logo.
Financials, UK

UK financial regulator demands improvements on ESG benchmarks

March 21, 2023
The FCA has told benchmark administrators that they are failing to correctly...
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Bank of England building
Financials, Policy & Regulation, UK

BoE to assess changes for capital frameworks on climate risk

March 20, 2023
The Bank of England will carry out more work on climate change...
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Financials, Sector Focus

Banks account for greenwashing risk as scrutiny ramps up

March 16, 2023
With increasing fines and regulation against the overstatement of sustainability credentials, the...
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Larry Fink_BlackRock CEO
Capital Flows, Financials, Sector Focus

‘Not the role of BlackRock’ to engineer climate transition, Fink says

March 15, 2023
BlackRock chief executive Larry Fink says it is for governments, technology and...
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Credit Suisse logo, London
Capital Flows, Financials

Credit Suisse climate strategy ‘not fit for purpose’, ShareAction says

March 15, 2023
The campaigning group has called on Credit Suisse investors to vote against...
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Vanguard logo on smartphone

Investors accuse Vanguard of violating fiduciary duty over climate risk

March 8, 2023
More than 1,400 Vanguard clients have written to urge the asset manager...
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Break during board meeting
EU, Financials, Policy & Regulation, UK

Female participation in UK finance more than 30% down since 1997

New report highlights women's persistent challenges in reaching senior positions and mirrors the findings of similar research across Europe. Analysis from the London Stock Exchange and the Centre for Economics... Read more
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Financials, US

Explainer: The impact of Republicans' anti-woke campaign

US Republicans are blocking legislation that would allow pension funds to consider ESG factors in their investments and are blacklisting lenders and asset managers that have anti-fossil fuel policies, but... Read more
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Fossil fuel extraction
Australia, Financials

From regulatory fines to lawsuits: The Asic vs Mercer greenwashing case

In an unprecedented move, Australia’s financial regulator has resorted to the courts to tackle allegedly misleading ESG claims. The Australian Securities and Investments Commission has launched legal proceedings against corporate... Read more
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Chinese factory workers
Financials, UK

UK government launches social task force for pensions industry

The task force will look to identify reliable data sources to help schemes navigate “social risks and opportunities”. A new task force has been set up in the UK to... Read more
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Coral reef fish, biodiversity
Capital Flows, Financials

World's largest asset managers have ‘serious gaps’ in ESG policies, says ShareAction

A global study has found that most large asset managers are failing to invest “in a way that will protect climate, biodiversity and people”. Two-thirds of the asset managers surveyed... Read more
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