A group of prominent accounting bodies, representing over 2.5 million accountants globally, have signed an “urgent” call to action pushing the profession to agree standards on climate change.
The 14 bodies and 13 …
Read More
A new manifesto aiming to align executive pay to ESG-related criteria has been welcomed by company CEOs.
Gathering at the World Economic Forum’s (WEF) International Business Council meeting, held in Davos this week, the …
Read More
The Bank of England’s chief economist has questioned the UK’s corporate governance model – suggesting it should be overhauled to focus not just on shareholders but wider society, too.
During a speech at …
Read More
The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …
Read More
One of the largest fund managers in Europe is pressing all companies in which it invests to employ the Taskforce for Climate-related Financial Disclosures (TCFD) framework to help boost their climate risk efforts.
The move is being seen as a …
Read More
Some of the world’s largest fund groups voted against nearly 90 per cent of ESG-related shareholder resolutions in 2019, despite overall investor support for these proposals climbing in the past five years, a …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
ESG ‘Greenwashing’ represents a real and growing threat in the sustainable investment arena, and as such asset owners should be on their guard against it, according to Julia Dreblow of SRI Services.
‘Greenwashing’ is where asset managers (or …
Read More