Indonesian prosecutors name 3 palm oil groups suspects in corruption case

JAKARTA (Reuters) – Indonesia’s attorney general’s office has named three palm oil companies as suspects in a corruption investigation, alleging misconduct in obtaining export permits at a time when shipments were being restricted. The investigation comes after Indonesia’s Supreme Court last month upheld a lower court’s jailing of executives at those companies for manipulating documents …

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EU overhaul of ESG ratings industry rules has further to run

By Tommy Wilkes and Simon Jessop LONDON (Reuters) -A proposed European Union shake-up of the environmental, social and governance (ESG) ratings industry will bring much-needed transparency but fall short of the standardisation some in the market say is needed to stop the scores confusing investors and companies. The market for assessing companies’ ESG performance has …

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AIIB to cooperate with Canada probe after former staffer allegations

BEIJING (Reuters) – The China-led Asian Infrastructure Investment Bank (AIIB) said it would cooperate with a Canadian government probe triggered by a senior employee’s resignation in protest over what he alleged was Chinese Communist Party influence. Bob Pickard, a Canadian national and former global communications chief for the AIIB, announced his resignation in a scathing …

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