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The Latest Breaking News from ShareAction

Regional U.S. Banks Sharply Expand Lending to Oil and Gas Projects

How a semantic twist gave a major bank a loophole to keep financing fracking.

Capital & Main

KitKat owner Nestlé fights off push to cut back on unhealthy products

Investor proposal to reduce levels of fat, salt and sugar in products is backed by only 11% of shareholders

The Guardian - UK

Proposed labor rule defining requirements for investment advisers receives more than 5,000 comments

Economy and Society is Ballotpedia’s weekly review of the developments in corporate activism; corporate political engagement; and the environmental, social, and corporate governance (ESG) trends and events that characterize the growing intersection between business and politics.

Ballotpedia

From analysis to the latest developments in health,
read the most diverse news in one place.

Government urged to back mandatory reporting over ethnicity pay gap

The two organisations also recommended legislation to require employers to publish an action plan to combat any disparities.

The Independent UK

Deliveroo riders paid ‘£2.90 per delivery’ protest outside AGM in London

Riders who work 50 hours a week are calling for better pay and conditions

Evening Standard

Deliveroo riders to confront bosses over pay and ‘insecure’ jobs

Riders will challenge the company’s board at its annual general meeting on Wednesday.

The Independent UK

Deliveroo riders to challenge board over pay and ‘insecure’ jobs

The takeaway firm has defended 'flexible work, attractive earning opportunities and security' it offers employees

Wales Online

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Big food brands struggling to kick junk addiction, survey finds

The bulk of food and drinks sold by four out of five global producers across three major markets are unhealthy, according to a survey, with Kraft Heinz Co. faring the worst.

Tribune News Service

Celebrities call on UK banks to stop financing new oil, gas and coalfields

Stephen Fry, Emma Thompson and Mark Rylance add their voices to Richard Curtis’s Make My Money Matter campaign

The Guardian - UK

HSBC pulls funds for new oil and gas fields in “green” victory

GREEN campaigners targeting big banks won a victory today, when HSBC said it will no longer lend cash or provide other finance to new oil and gas fields.

Evening Standard

Living wage campaigners claim progress after vote at Sainsbury’s AGM

One in six shareholders back resolution to extend living wage to indirectly employed cleaners and security guards

The Guardian - UK

Singling out Sainsbury’s over the living wage may not be that pragmatic

A shareholder resolution at one retailer is an imperfect weapon for a scrap over pay that really relates to sector-wide issues

The Guardian - UK

Sainsbury’s under new pressure to pay living wage for all workers

Queen’s bank Coutts plus Coal Pensions Board join others such as L&G and HSBC backing resolution for £9.90 an hour

The Guardian - UK

Shareholder group to challenge Sainsbury’s on living wage

Legal & General and savings trust Nest have tabled a motion through investor body ShareAction

Evening Standard

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Benzinga

Investors Push Food Manufacturers Like Kellog, Kraft Heinz To Set New Health Targets: FT

Investors are pushing food manufacturing multinationals including Nestle S.A. (OTC:NSRGY), Danone (OTC:DANOY), Kraft Heinz Co (NASDAQ:KHC), and Kellogg Co (NYSE:K), to set out new disclosures and targets on well being, Financial Times reported. The move comes after Unilever Plc (NYSE:UL) mentioned it would publish diet scores for its meals portfolio towards exterior metrics. The report noted that traders, along…

Evening Standard

Sainsbury’s introduces London Living Wage for staff amid investor pressure — but cuts jobs

The supermarket has becomes the latest big employer to increase pay for front line workers

The Guardian - UK

Investors call for Sainsbury’s to pay workers ‘real living wage’

Campaign launched to make company first supermarket group to pay milestone figure of £9.90 an hour

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