ESGvolution, Environment, Nature, Nature-related

Environmental groups take aim at US corporates

Eleven of the world’s leading environmental groups have written an impassioned open letter imploring America’s big corporates to step up their climate change efforts.

The letter, published in the New York Times, urged …

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Consumer groups slam attempt to delay SRD II

UK Shareholder dissent hits 10 year low

Shareholder dissent among investors in the top 350 UK companies stands at 2.95% on average for 2019, lower than 10 years ago, according to Minerva Analytics’ 2019 UK Voting Review.

The figure – …

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London, UK

Investors need courage of their ESG convictions

Asset owners must have the courage of their convictions to push forward with ESG policies – particularly when relevant data is hard to come by.

That was one of the overarching messages from …

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Michael Meehan appointed as the new chair of the UKSIF

UKSIF names Meehan as chair

Michael Meehan has been appointed as the new chair of the UK Sustainable Investment and Finance Association (UKSIF).

He replaces Lesley Alexander, former CEO of HSBC’s UK pension fund, who has served five years in …

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OECD sets out international corporate tax proposal

OECD sets out international corporate tax proposal

The OECD has taken steps to ensure multinational companies pay their fair share of taxes in countries where they have significant consumer activities.

The proposal from the OECD’s secretariat, published on October 9, …

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Shareholder Rights Directive pensions trustees

The UK government has outlined what it expects of pensions trustees under the new Shareholder Rights Directive II (SRD II), in an announcement made this month.

SRD II was introduced to improve transparency and stewardship of occupational pensions schemes so …

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Government urged to prioritise audit industry reform

SEC fines PwC over reporting and independence

Accounting giant PricewaterhouseCoopers has been slapped with a $7.9m penalty for violating the Securities and Exchange Commission’s (SEC) financial reporting and auditor independence rules.

The regulator found PwC had engaged in ‘improper professional …

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Corporate Australia lagging on Innovation

Australian companies are failing to innovate and take risks at a time when their national economy needs them to boost its stagnating growth and productivity, a study has found.

The study – the first of its kind in Australia …

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Investors US climate

Investors turn up the heat on US climate laggards

200 of the world’s leading investors have written to major US corporations urging them to align their climate lobbying with the goals of the Paris Agreement.

The joint letters, sent …

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Environmental factors top list of investor priorities

Environmental factors top list of investor priorities

Environmental and corporate governance issues topped the list of biggest priorities for the UK’s largest investors – but stewardship engagement remains an area of concern, a report reveals.

EY’s inaugural report into investor …

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