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Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)
Responsible investors and arms manufacturers need a level playing field which can only be delivered through risk-based human rights due diligence legislation, based on double materiality […] and backed by civil liability, Bloomer said. They have called on the finance sector to treat weapons manufacturers as ethical investments.
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