Four Democrat US senators have formed a working group with the aim of shifting corporate America away from shareholder capitalism.
Elizabeth Warren (Massachusetts), Tom Carper (Delaware), Tammy Baldwin (Wisconsin) and Mark Warner (Virginia) …
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The UK government has issued a new set of sustainable finance standards for investment managers.
The new voluntary UK standard, PAS 7341:2020, sets out the requirements to establish, implement and manage the process of integrating responsible and sustainable considerations …
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Asset owners and their managers need to encourage more companies to disclose the financial impact of climate change on their businesses using an internationally recognised code, according to a new report.…
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The overwhelming majority (99%) of European institutional investors expect a convergence between ESG and non-ESG products by 2022 – and 77% of them plan to stop purchasing non-ESG products in the same year.…
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Changes to the ethical guidelines of Norway’s $1.15tn Government Pension Fund Global (GPFG) could lead to assets worth NOK 10bn (€910m) being sold off, with engagement being offered as …
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PensionsEurope has voiced concerns over the European Supervisory Authorities’ (ESAs) attempt to create templates for ESG products.
The lobby group, which represents national associations of pension funds, said the product templates are too …
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Some of the world’s biggest asset owners have rejected divestment to achieve climate goals and are instead favouring direct action and engagement.
Members of the UN-backed Net-Zero Asset Owner Alliance, including …
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UK government pensions minister Guy Opperman has signalled plans to accelerate ESG action for pension funds ahead of the milestone COP26 conference in 2021.
“The government will be making announcements …
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The European Commission report on directors’ duties and sustainable corporate governance, published earlier this year, is drawing heavy criticism from law experts.
Writing on the Oxford Business Law blog, the European Company Law …
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