The legislation’s goal is to support workers and communities by creating high-quality, socially-responsible (and preferably unionized) jobs, as part of the transition away from fossil fuels.
The European Court of Human Rights delivered its long-awaited first ruling in the climate action case Verein KlimaSeniorinnen Schweiz v. Switzerland, finding that the European Convention on Human Rights encompasses the right to effective protection from adverse effects of climate change.
On Tuesday, Ontario’s Superior Court struck down several provisions of the province’s controversial Security from Trespass and Protecting Food Safety Act, an “ag-gag” law which acts to shield the animal agriculture industry from reasonable scrutiny, and conceal its systemic cruelty.
On March 6, 2024, the US Securities and Exchange Commission (SEC) adopted new rules that, per the SEC press release, will “enhance and standardize climate-related disclosures by public companies in public offerings.”
In its recent report One Year On: BlackRock still addicted to fossil fuels, French sustainable finance organization Reclaim Finance details how American financial giant BlackRock’s public declaration to make sustainability its new investing standard has, one year later, yielded only “half-hearted” and “superficial” results.
As part of the settlement, the fund will “ensure that investment managers take active steps to consider, measure and manage financial risks posed by climate change and other relevant ESG risks…[and disclose] to members...those risks, as well as the systems, policies and procedures...to address those risks.” The fund will also commit to achieving a net zero carbon footprint by 2050.
