Drawing of runaway cashflow; Pensions; Pension schemes

UK schemes told to review cash flow position


30 September 2022

UK pension schemes have been urged to assess their cash flow position after a spike in gilt yields triggered worries about a scramble for cash.

The Pensions Regulator (TPR) …

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Biodiversity; Field of flowers

Ministers urged for biodiversity regulation


September 30, 2022

The CEOs of three financial institutions have written to global finance ministers with a plea for support for biodiversity and nature-related risk regulatory frameworks.

The letter to the Finance Ministers Coalition for …

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NGOs press government for further action on slavery

Forced labour goods reg proposed by EU


EU will keep a publicly-available database of forced labour risks in specific geographies.

A ban on the import, export and sale of goods made with forced labour has been proposed in the European …

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Australia, Banks, CBD

Australia’s ESG movement builds momentum 


September 15, 2022

Australia’s new-found commitment to ESG investment is gathering momentum, with both the Principles for Responsible Investment (PRI) and Climate Action 100+ updating their guidance for the nation. 

Traditionally regarded as an ESG …

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Investors urge companies to account for climate-related risks

Investor coalition calls for mandatory climate disclosure


16 September, 2022

Governments around the world are being urged to mandate climate transition commitments by a coalition of asset managers representing $39trn in capital. 

Coordinated by the Investor Agenda, the call to

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DWP, Department of Work and Pensions

UK PM Truss names new work and pensions secretary


September 9, 2022

Ahead of new regulation in October to encourage ‘greener pensions’.

Newly elected UK Prime Minister and Conservative Party leader Liz Truss has appointed a new secretary of state …

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Federated Hermes

Federated Hermes questioned over SFOF association 


August 25, 2022

US asset manager Federated Hermes has come under criticism for its apparent association with the State Financial Officers Foundation (SFOF), a vocal anti-ESG group. 

The SFOF is a Republican group, …

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Nasdaq

Nasdaq ESG business growing despite SEC lobbying 


August 26, 2022

Nasdaq CEO Adena Friedman has revealed its ESG unit is the fastest growing part of the business, despite the stock exchange’s lobbying efforts against pro-ESG laws from the SEC. …

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FCA Sustainability

FCA launches open ESG committee 


26 August, 2022

The Financial Conduct Authority (FCA), which regulates the UK’s financial services industry, has launched an advisory ESG committee open to external members. 

The committee will work with the FCA board to address …

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EU Offices, Used as a placeholder for ESMA offices

ESMA endorses non-EU applicable ESG benchmarking


August 25, 2022

The EU’s top financial services regulator, the European Securities and Markets Authority (ESMA), has endorsed the introduction of an ESG benchmark applicable beyond the bloc. 

In a public response to the …

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