Litigation & class actions

Investor coalition targets M&S over living wage – NYC sets engagement expectations for equity index tender – California extends deadline for GHG reporting.

Department of Labor submits proposal to replace Biden-era ESG guidance for US workplace schemes for review.

NGO seeks judicial review of Kensington and Chelsea valuation process, alleging non-compliance with minimum climate requirements.

Proxy giant rejects accusation of pushing 'radical political agendas', will ‘vigorously’ defend itself.

Glass Lewis's climate intelligence tool – MassPRIM plans physical climate risk assessment – First COP31 letter published – BNP Paribas tops Q1 ESG-labelled bond league table.

The latest developments in sustainable finance: Germany's FNG calls for sustainability disclosures for all EU funds; FCA to consult on streamlining TCFD requirements.

Non-profits target US regulator over retreat from approval process, legal experts say case faces 'significant hurdles'.

The latest developments in sustainable finance: AJL Foundation shifts investments from Vanguard over active ownership; ABP sees €1.1bn drop in illiquid fossil fuel assets.

SEC's retreat from proposal approval process conflicts with its responsibility to investors, Aeisha Mastagni tells RI.

Oil major rejects resolution filed by Dutch NGO and investor group requesting risk assessment of declining oil and gas demand.