Judges gavel on a desk

Climate accountability lagging for directors


July 19, 2021

It may be “some time” before directors face charges for failings on climate risks despite the introduction of new reporting rules in this area, a leading expert has said. 

Luh Luh Lan, associate professor at the …

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DWP, pensions, stewardship

UK Pensions raise stewardship ambitions


July 9, 2021

This week marked the inaugural meeting of the Occupational Pensions Stewardship council, a new Department of Work and Pensions (DWP) initiative responding to a recent push for improved stewardship and …

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Carbon emissions, net-zero

UK Pensions Regulator launches consultation on climate regulation


July 9, 2021

The UK’s pensions watchdog has launched an eight-week consultation to assist trustees in meeting stricter sustainability and governance measures.

Under the proposed rulings, the Pensions Regulator (TPR) will penalise …

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Toshiba chairman ousted over governance scandal


July 9, 2021

Japanese electronics giant Toshiba’s chairman has been ousted from his role by shareholders at the company’s AGM held on 25 June.

The vote, prompted by the outcome of an independent probe, …

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overload

Are pension funds experiencing disclosure overload?


July 9, 2021

This week, Minerva CEO Sarah Wilson spoke to Mallowstreet editor Sandra Wolf for a feature on the growing reporting burden facing UK pension schemes. Sarah discusses the challenges schemes face and …

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Greenwashing, sustainability

Proposals target investor protection issues


July 1, 2021

The International Organization of Securities Commissions (IOSCO) says more efforts are needed to curb greenwashing in the asset management industry and has called for feedback on planned recommendations surrounding sustainability-related regulatory and …

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2021 UK Proxy Season – the most ESG-focused ever?


July 2, 2021

Minerva’s latest presentation covering the 2021 UK proxy voting season is available to watch now on our Bright Talk page!

CEO Sarah Wilson and Stewardship Director Fran Lopez …

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MUFG

23% of shareholders backed a resolution to align MUFG with the Paris Climate Agreement


July 2, 2021

Mitsubishi UFJ Financial Group (MUFG) shareholders have defeated a proposal to better align the business with global climate change targets, but the 23% …

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API, oil, petroleum

New API guidelines come amid stiffening disclosure rules


July 2, 2021

The American Petroleum Institute (API) has launched a new template for natural gas and oil companies to better track and report greenhouse gas (GHG) indicators.

The trade association, which …

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Big Tech

Tech giants resist adding ESG to financial reports


June 25, 2021

Leading global tech groups are resisting plans to include ESG disclosures in financial statements to US regulators.

Tech giants including Microsoft, Alphabet, Amazon, and Facebook have written to the …

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