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IFRS Foundation Trustees taps Jeffrey Hales and Michael Jantzi to the ISSB

The IFRS Foundation Trustees have appointed Jeffrey Hales―SASB Standards Board Chair and Accounting Professor at University of Texas―and Michael Jantzi―VRF Board Director and Sustainalytics founder and former CEO―as members of the International Sustainability Standards Board (ISSB) members, effective July 2022. Their appointments make the ISSB quorate. ....

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Doing the right thing pays off for ethical investors


AMC, Wendy s lead rally as meme stocks rise for a second day
Biotech shares soar as Biogen drug approval stokes optimism
David Driscoll s Top Picks: June 7, 2021
AMC shares jump as new meme-stock favourite returns to form
Options market is a key suspect as AMC swings, S&P 500 slumbers
Larry Berman: If low rates are truly supporting equities, why does Yellen want them higher?
Wall Street banks rein in hedge funds’ short bets on meme stocks
A little ridiculous : Vince Guzzo on the AMC mania
Gen Z is now spending more than it ever did before the pandemic
David Baskin s Top Picks: June 4, 2021 ....

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Sustainability rankings don't always identify sustainable companies


British American Tobacco (famous for cigarettes), Coca-Cola (world-renowned for its sugary soft drinks) and Glencore (a British/Swiss mining company) were recently ranked in the top five most environmentally and socially responsible companies on the FTSE 100, the share index of the 100 biggest companies listed on the London Stock Exchange.
As consumers and investors, we often look at environmental, social and governance (ESG) rankings to guide our purchase, investment and employment decisions. But what should we make of this list, compiled by British investment services firm Hargreaves Lansdown?
As kids, we learned that smoking kills, yet British American Tobacco has a place at the top of the list, suggesting it’s a highly responsible company. ....

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