In February, the Financial Reporting Council (FRC) announced what it has called a “major review” of how companies and auditors assess and report on the impact of climate change, with the findings due to be published in the Autumn, ahead …
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The UK Government has now implemented social distancing measures across the UK as the coronavirus outbreak continues to gather pace.
Mass gatherings are being postponed or cancelled in response, but UK companies with scheduled annual general meetings (AGM) are having …
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Investors to fund firms: “No ESG, no money”
A group of major pension funds has written a no-ifs-and-buts letter to asset managers and companies warning that firms who fail to consider the impact of ESG risks are no longer “attractive” …
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Business leaders agree ESG-aligned remuneration pledge
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 …
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BoE’s Haldane: Shareholder-focused capitalism beginning to fray
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 …
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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 …
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Large fund group votes stymying ESG resolutions
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 …
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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 …
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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 …
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Industrial companies largely ignoring climate risks
The world’s largest industrial companies have been warned they have been “too slow” in curbing their carbon emissions.
The warning comes as a major report reveals less than a fifth of these high-emitting corporations …
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