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SEC Expands Focus on ESG-related Products
June 14, 2021
The Securities and Exchange Commission (SEC) is continuing to focus on companies recommending or offering environmental, social, and governance (ESG) by creating an alert that provides greater specificity regarding issues related to ESG products and services.
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Google will Change Advertising Practices as France imposes $268 Million Fine
June 08, 2021
Google has agreed to change its global advertising practices after the French Competition Authority fined Google 220 million euros ($268 million) for abusing its market power in the online advertising industry by sending business to its own services and discriminating against competition.
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Alphabet Pressured from Shareholders on Human Rights
June 07, 2021
Google's parent company Alphabet faced several complaints at its annual meeting from shareholders who attacked the tech giant over its lack of efforts combating misinformation, establishing whistleblower protections and human rights.
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G7 Deal Targets Tax Havens and Tech Giants
June 07, 2021
During a two day meeting in London, G7 finance ministers reached a landmark deal to obtain more money from multinational companies such as Amazon and Google, including a minimum global corporate tax rate of at least 15%.
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Shell Ordered to Deepen Carbon Cuts in Landmark Dutch Climate Case
June 02, 2021
A Dutch court ordered Royal Dutch Shell to reduce its planet warming carbon emissions by 45% by 2030 from 2019 levels in a landmark ruling that could trigger legal action against energy companies around the world, forcing them to increase investments in renewables and away from fossil fuel.