Amazon.com In issued its first sustainability bond on Monday, raising $1 billion to invest in renewable energy, clean transport, greener buildings and affordable housing. The world’s biggest company joins a growing list of debt issuers
The union for rail workers wants assurances new KiwiRail locomotives are not being made with slave labour in China. KiwiRail recently ordered 10 new DL class diesel locomotives from Chinese train manufacturer CRRC, in addition to
Norway’s $1.3tn oil fund will screen the hundreds of new companies it adds to its portfolio each year for environmental, social and governance risks as the world’s largest sovereign wealth fund seeks to regain its
The Global Anti-Corruption (GAC) sanctions regime was established on 26 April 2021 via The Global Anti-Corruption Sanctions Regulations 2021. The primary legislation underpinning the Regulations is the Sanctions and Anti-Money Laundering Act 2018. The GAC
British online fashion retailer Boohoo (BOOH.L) is considering linking bosses’ multi-million-pound bonuses to Environmental Social and Governance (ESG) improvements, including workers’ rights, it said on Saturday. The British parliament’s Environmental Audit Committee (EAC) recommended the move
Next week, the European Union will lay out conditions that transport, industry, and buildings must meet to be classed as a sustainable investment in Europe, but delay a decision on whether to label gas and
The European Union will seek to increase police cooperation, target human trafficking and establish new rules to counter money laundering, according to plans detailed by the European Commission on Wednesday. The EU executive set out
New Zealand has become the first country to introduce a law that will require banks, insurers and investment managers to report the impacts of climate change on their business, minister for climate change James Shaw
Investment giant BlackRock Inc. will need to hit its staff diversity targets and other sustainable business goals to keep its corporate borrowing costs down. The firm struck a financing deal with a group of banks
The set of management criteria called environmental, social and corporate governance (ESG) standards has become one of the Korean government’s top policy priorities, after President Moon Jae-in said in early February that it was very
Although environmental, social and governance (ESG) issues have been gaining prominence, they do not appear to enhance the stock valuation in the country. The Covid-19 pandemic has prompted governments and businesses to focus on sectors
The Securities and Exchange Commission recently announced the creation of a Climate and ESG Task Force in the Division of Enforcement. The task force will be led by Kelly L. Gibson, the Acting Deputy Director
