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The Latest Breaking News from ShareAction

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

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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

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…

Benzinga

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

Evening Standard

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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

The Guardian - UK

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