Author Archives: Liz Pfeuti
FCA

FCA launches open ESG committee 


26 August, 2022

The Financial Conduct Authority (FCA), which regulates the UK’s financial services industry, has launched an advisory ESG committee open to external members. 

The committee will work with the FCA board to address …

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EU Offices, Used as a placeholder for ESMA offices

ESMA endorses non-EU applicable ESG benchmarking


August 25, 2022

The EU’s top financial services regulator, the European Securities and Markets Authority (ESMA), has endorsed the introduction of an ESG benchmark applicable beyond the bloc. 

In a public response to the …

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Median CEO pay falls, but is this the full story?

Executive pay rebounds despite investor concerns


August 19, 2022


Executive pay has rebounded across public and private sectors over the course of 2021, an Australian Public Service Commission report has confirmed, despite the issue being front of mind for investors …

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Trustees juggle payouts as inflation spikes


August 19, 2022

The UK’s annual inflation hit 10.1% in July

Trustees are increasingly being tasked with reviewing benefits calculations for members, as double-digit CPI inflation erodes the value of savings.  

Direct Benefit (DB) …

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Santos

Santos under fire from Market Forces


August 18, 2022

Market Forces say the time has come for investors to publicly withdraw capital from Santos over its “climate failure”

Santos, Australia’s second-biggest oil and gas producer, has come under fire from …

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Tesla showroom

Tesla overcomes activist investors at AGM


August 11, 2022

One resolution on appointments overcame board concerns

Tesla shareholders have broadly voted in line with board recommendations, rejecting proposals centred on the environment and business governance issues.

In total, only three …

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IMF

ECB and IMF tell ISSB to align company disclosures


August 11, 2022

Move follows ISSB sustainability disclosure standards consultation

The European Central Bank (ECB) and the International Monetary Fund (IMF) have called for a global standard setter to align climate …

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An ariel view of a growth chart superimposed upon a forest

IIGCC launches climate framework for banks


August 11, 2022

IIGCC’s net zero investment framework will address investor concerns about bank exposure to climate financial risk

The Institutional Investors Group on Climate Change (IIGCC) has collaborated with the Transition Pathway Initiative …

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Reports showing graphs

TCFD review flags scenario quantitative gaps


August 11, 2022

Several reporting gaps were revealed in a recent review by the UK’s FCA and FRC

The most common reporting gaps for climate-related disclosures are in quantitative elements of the Task Force …

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city view at london

DWP launches consultation on DB scheme funding 


July 29, 2022

The UK’s DWP aims to create clearer funding standards while supporting trustees and employers in planning their scheme funding over the long term

The Department for Work and Pensions (DWP) …

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