emissions

Top asset owners favour engagement for net-zero carbon goals

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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DWP launches pension scheme voting task force

Government signals drive to boost ESG options for pension funds

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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EC corporate governance report draws criticism

EC corporate governance report draws criticism

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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Virtual AGMs get FRC green light, but questions remain

Virtual AGMs get FRC green light, but questions remain

Questions remain over how virtual AGMs can work for all investors, after a full season of shareholder and company meetings has been carried out online.

While some “excellent practices” seen over …

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Worcestershire Pension selects Minerva for ESG audit

Worcestershire Pension selects Minerva for ESG audit

Minerva Analytics has been chosen to carry out an ESG audit of the Worcestershire Pension Fund as it seeks to target the UN Sustainable Development Goals.

The committee is seeking to establish a …

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The EU Sustainable Finance Platform: Where are the owners?

EU’s Sustainable Finance Platform lacks asset owners

The EU has published the list of members appointed to its Sustainable Finance Platform, which is remarkable in its lack of representation of asset owners.

The platform is an advisory body made up …

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FRC revamps UK Stewardship Code with new report obligation

FRC revamps UK Stewardship Code with new report obligation

Prospective signatories of the UK Stewardship Code face a new reporting requirement and will soon have to prepare annual stewardship reports, following an update by the Financial Reporting Council (FRC).

In …

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China announces aim to be carbon neutral by 2060

China announces aim to be carbon neutral by 2060

China has pledged to achieve carbon neutrality by 2060 in an ambitious statement by a country that currently burns half the world’s coal.

In perhaps the most significant positive climate development …

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UK govt extends AGM leeway to end of 2020

UK govt extends AGM leeway to end of 2020

The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.

This temporary adjustment to …

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Slow progress on gender diversity in boardroom

Slow progress on gender diversity in boardroom

Female representation at boardroom level has been boosted by companies’ voluntary targets but there are still too few women in leadership positions.

The latest data from the government’s Hampton-Alexander Review, a body …

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