May 30, 2023 ESG Shareholder Activism in the 2023 AGM season By Shanuk Mediwaka Srimukundan Rajaram Shareholder activism with environmental, social or governance (“ESG”) objectives has steadily increased in recent years — the 2023 AGM /...
May 24, 2023 Handling soft law and uncertainty in ESG – steps you can take By Éanna Malone In the ESG space, best practice is often dictated by principles, frameworks and guidance – so-called ‘soft law’ – rather than black and...
Apr 13, 2023 Nike urged to do more to prevent human rights abuses from occurring in its supply chain By Helena Cameron Lucy Scaramuzza Ismaeel Hitar The activist investment platform Tulipshare recently filed a shareholder proposal urging Nike to adopt stronger environmental and social...
Apr 04, 2023 Beyond “one and done”: new ethnic diversity targets from the Parker Review By Philippa O'Malley Clare Fletcher On 14 March 2023 the Parker Review Committee published an update report, Improving the Ethnic Diversity of UK business. The report notes...
Mar 31, 2023 UK competition authority publishes guidance on collaborating on sustainability By Alexander Chadd In February, the Competition and Markets Authority (“CMA”) published its long-awaited draft guidance on the application of UK antitrust...
Mar 16, 2023 Spring Budget 2023 and the UK's clean energy and infrastructure future By Hywel Davies Michael Corbett Azadeh Nassiri Richard Todd Samay Shah Oliver Moir Aaron Wu Kathryn Emmett +5 more... Show less On Wednesday 15 March, the Chancellor, Jeremy Hunt, delivered his Spring Budget, positioning it as a “budget for growth” and an...
Mar 10, 2023 Investors step up pressure on boards to keep pace with climate targets in upcoming AGM season By Stephanie Schiller In its annual letter to investee companies at the beginning of 2023, Aviva Investors issued a warning that, in the upcoming AGM season,...
Mar 03, 2023 FCA set outs its Supervision Strategy for Asset Managers By Charlotte Strivens In February, the FCA published its latest 'Dear CEO' Letter to UK asset managers, setting out its supervisory strategy for 2023. The...
Mar 03, 2023 FCA faces judicial review over fossil fuel company’s climate disclosures By George Murray Corporates aren’t alone in facing increasing greenwashing-related risks this year. Regulators are also being pulled into the spotlight...
Feb 17, 2023 ESG in the loan market in 2023 By Latifah Mohamed ESG-related considerations have, over the past few years, come to play an increasingly important role in the loan market. Lenders are now...
Feb 06, 2023 CEOs view sustainability as a priority even as progress falters: key findings from the 12th UN Global Compact-Accenture CEO Study By Helena Cameron The recently-published 12th UN Global Compact-Accenture CEO Study (the “Study”), led by United Nations Global Compact, surveyed more than...
Feb 03, 2023 Net-Zero Insurance Alliance (NZIA) launches Target- Setting Protocol By Alissa Veiga-Pestana The Net-Zero Insurance Alliance (“NZIA”), convened by the United Nations Environment Programme’s Principles for Sustainable Insurance...
Feb 02, 2023 Feet to the fire: Is an action in the UK courts an effective way to enforce compliance with the Paris Agreement? By Julius Handler Sam Edwards Case Analysis: R (Friends of the Earth) v UKEF [2022] EWHC 568 (Admin) The Paris Agreement and its legacy (so far) The long-term goal of...
Jan 30, 2023 “Exploring the possible” – UK competition regulator confirms new guidance will relax antitrust rules for climate change agreements By Niamh Kelly It has been clear for some time that fears of accusations of collusion can prevent businesses from collaborating on initiatives to tackle...
Jan 26, 2023 ASA’s ban on HSBC’s ‘greenwashing’ adverts indicative of increasing regulatory scrutiny By Alissa Veiga-Pestana Last year the UK’s advertising watchdog, the Advertising Standards Authority (the “ASA”), for the first time banned two sustainability...
Jan 20, 2023 The UK Climate Change Committee’s Take on High-Integrity Carbon Crediting By Henry Turrell In the lead-up to the first UNFCCC Global Stocktake later this year, countries’ and corporations’ net-zero pledges will be put under the...