Day: 24 October 2024

Investors Call For Climate Strategy Vote At UK’s Largest Listed Companies

Stuart Mitchell

Local Authority Pension Fund Forum (LAPFF) and CCLA, supported by investors representing £1.6 trillion AUM, have written to the chairs of 76 FTSE 100 companies that have not held a vote on their climate transition plans in the past three years setting out their expectations ahead of next year’s AGM season. The letter notes that investors expect companies to set out credible transition plans, that include Paris-aligned targets and detailed strategies for achieving those goals. To enable shareholders to make informed investment and stewardship decisions, companies should outline their climate…

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HSBC UK Launches Sustainability Farming Pathway For Businesses HSBC UK Launches Sustainability Farming Pathway For Businesses

Stuart Mitchell

HSBC UK has launched the HSBC Sustainable Farming Pathway with sustainable farming charity LEAF (Linking Environment And Farming) its first partner on the scheme. Farming businesses with the LEAF Marque certification, or those that complete a LEAF Sustainable Farming Review, will be eligible for discounted loan arrangement fees on term lending amounts from £25,001. Lending in scope includes flexible business loans, commercial mortgages and property development loans. Grace O’Dwyer, Interim Head of Agricultural Banking at HSBC UK says: “We are delighted to launch the HSBC Sustainable Farming Pathway to help…

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Investors urged to strengthen approach to protect key areas for biodiversity conservation

Stuart Mitchell

ShareAction, the responsible investment charity, and UN Environment Programme World Conservation Monitoring Centre (UNEP-WCMC), have launched a new report setting out how investors should strengthen their approach to protect some of the world’s most important biodiversity-rich areas. The guidance highlights the critical role investors need to play to help halt and reverse biodiversity loss through their investment policies, capital allocation and portfolio stewardship processes. The report focuses on the particular approach needed when investing in or near areas that have been designated as protected by governments, due to their rich…

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AstraZeneca announces the completion of the clinical programme to support the transition of Breztri to next-generation propellant with near-zero Global Warming Potential

Stuart Mitchell

AstraZeneca has completed the studies that support the first regulatory filings for the transition of Breztri/Trixeo Aerosphere (budesonide/glycopyrronium/formoterol fumarate or BGF) to an innovative, next-generation propellant with 99.9% lower Global Warming Potential than propellants used in currently available inhaled medicines. Breztri is a triple-combination therapy for chronic obstructive pulmonary disease (COPD) and will be the first medicine in AstraZeneca’s portfolio of pressurised-metered dose inhalers (pMDIs) to transition to the new propellant. Clinical programmes for the transition of AstraZeneca’s wider pMDI portfolio to the new propellant are underway. While pMDIs contribute…

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Over Half of women have experienced sexism at matches – kick it out study

Stuart Mitchell

Kick It Out has launched a campaign to combat sexism and misogyny in football, with new research commissioned by the charity showing that over half (52%) of women fans have experienced sexist behaviour or language on matchdays. The vast majority (85%) of 1,502 women and non-binary fans surveyed by the anti-discrimination charity also said they had never reported sexist or misogynistic abuse, with many saying it was because they didn’t think it would be taken seriously or make a difference. Although 77% of women said they felt safe when attending…

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