Letter

TCFD recommendations ‘lack feasibility for pension funds’

Technical gaps and weaknesses risk “carbon washing” of funds, warns the Transition Pathway Initiative


July 23, 2021

UK-based asset owners have warned that the Task Force on Climate-related Financial Disclosures (TCFD) portfolio alignment …

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Letter

Biden signs executive order to curb anti-competitive industries

The wide-ranging order aims to promote competition within a range of sectors and follows an uptick in M&A activity


July 19, 2021

US President Joe Biden has signed an executive order targeted at clamping down …

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COVID-19

Covid-19 triggers fall in Japanese sustainable assets


July19, 2021

The use of ESG integration strategies have increased by 15.4% year on year in Japan, despite a decrease in the country’s sustainable investment balance, a Japan Sustainable Investment Forum (SIF) White

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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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