Author Archives: Joe McGrath
SEC creates new senior climate change role

SEC fallout grows as row rages over amendments

A prominent SEC Commissioner has admitted that the US regulator needs to rethink parts of its proxy voting rule amendments.

Speaking at the Council of Institutional Investors’ 2020 conference this week, Commissioner …

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Pensions Climate Change PLSA

Pensions urged to up climate change activity

The trade group representing some 1,300 UK pension schemes, with £1 trillion of assets, has called on the industry to step up efforts of climate change.

Addressing members at the annual Pensions & …

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EU Flags in front of the European Commission

Have regulators been deceived on green benchmarks?

New European regulations on green benchmarks have been thrown into the spotlight this week, amid allegations they favour the interests of a handful of ESG data providers rather than supporting “genuine sustainability”.

The …

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UK pensions sector gets closer to adopting stronger ESG rules

Investors to fund firms: “No ESG, no money”

A group of major pension funds has written a no-ifs-and-buts letter to asset managers and companies warning that firms who fail to consider the impact of ESG risks are no longer “attractive”

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Sustainable Stewardship Greenwashing

UK pensions to pioneer mandatory climate change reporting

UK pensions are set to be the first in the world to be legally required to assess, and rectify, their exposure to climate change risk.

An amendment, including reporting requirements in …

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Shareholders lack confidence to hold companies to account

Shareholders lack confidence to hold companies to account

Large swathes of shareholders are not voting on company resolutions because they do not believe their vote will make a difference, a report has suggested.

The astonishing finding, from a poll conducted

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French proposals to curb shareholder activism spark debate

French proposals to curb shareholder activism spark debate

The French government has been criticised for publishing a report suggesting a crackdown on shareholder activism.

The report, published at the end of last year, comes as shareholders keenly anticipate

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coal, Industrial companies largely ignoring climate risks

Industrial companies largely ignoring climate risks

The world’s largest industrial companies have been warned they have been “too slow” in curbing their carbon emissions.

The warning comes as a major report reveals less than a fifth of these high-emitting corporations

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Investors up in arms over SEC climate proposals

Investors up in arms over SEC climate proposals

SEC chairman Jay Clayton has again come under fire for failing to go far enough on climate disclosures, as the regulator pushes to give company bosses yet more control over the information

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CII backs Nasdaq’s proposal to improve diversity on boards

UK reporting watchdog issues diversity warning

The majority of the UK’s leading companies are failing to act on boardroom ethnic diversity, a major report by the Financial Reporting Council (FRC) reveals.

The report, which reveals most of the FTSE 350 …

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