Nearly nine in 10 investment professionals doubt that climate risks are being correctly priced into company valuations, a major poll reveals.

The survey, conducted by the prominent Global Sustainable Investment Alliance (GSIA), found an overwhelming 87% of respondents do not …

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SEC chairman Jay Clayton

SEC chairman Jay Clayton has faced an extraordinary grilling over the fake investor letters he cited in ‘support’ of the regulator’s proxy advisor rule changes – with a prominent US senator telling him he was “duped”.

Clayton was finally forced …

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Sustainable Stewardship: ESG investment beliefs

ESG factor identification, implementation and monitoring is now a fundamental part of setting pension scheme investment beliefs, according to investment consultants Redington.

At Minerva’s ESG Educational Event held recently in London, Honor Fell, Head of Responsible Investment at Redington, …

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PRI warns CEO

The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.

In an opinion piece for the FT this week, chief executive of the PRI Fiona …

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Australian energy giant rocked by shareholder rebellion

Norwegian oil and gas giant Equinor is facing a significant showdown with investor activists as its bid to drill for oil in a well-known Australian beauty spot intensifies.

Under its proposals, Equinor wants to drill a 2.2km exploration well in …

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OECD sets out international corporate tax proposal

OECD applauds “game changer” forum on tax evasion

A massive jump in the number of countries trading information has pumped an extra €100bn into global tax revenues over the last decade – although some nations are still failing to join

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Shareholders pay the price for corruption

Stop Corruption

Minerva marks International Anti-Corruption Day
with new research and voting guidelines

News of Glencore’s 7% share price slump after the UK’s Serious Fraud Office confirmed investigations into “suspected bribery” across the Group’s operations was a …

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IFRS: Climate-related disclosures

Guest post by Paul Lee

November’s newsletter from the global accounting regulator, the International Accounting Standards Board (IASB) is big news, and is a big step towards accounting that is consistent with the Paris Agreement.

The paper …

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BlackRock step up on climate change

A group of investors are urging industry giants BlackRock and JPMorgan to review their proxy voting records amid concerns they don’t match the firms’ public declarations about climate change.

Mercy Investment Services and Boston Trust Walden have written to BlackRock …

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FCA

The Financial Conduct Authority (FCA) has updated its proxy advisor enforcement rules following industry feedback.

The update follows the regulator’s proxy advisor Shareholders’ Rights Regulations (SRD II), which came into force in June, that gave the FCA …

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