Concern mounts over ESAs’ ESG product disclosures

Concern mounts over ESAs’ ESG product disclosures

PensionsEurope has voiced concerns over the European Supervisory Authorities’ (ESAs) attempt to create templates for ESG products.

The lobby group, which represents national associations of pension funds, said the product templates are too …

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DWP launches pension scheme voting task force

Government signals drive to boost ESG options for pension funds

UK government pensions minister Guy Opperman has signalled plans to accelerate ESG action for pension funds ahead of the milestone COP26 conference in 2021.

“The government will be making announcements …

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Virtual AGMs get FRC green light, but questions remain

Virtual AGMs get FRC green light, but questions remain

Questions remain over how virtual AGMs can work for all investors, after a full season of shareholder and company meetings has been carried out online.

While some “excellent practices” seen over …

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The EU Sustainable Finance Platform: Where are the owners?

EU’s Sustainable Finance Platform lacks asset owners

The EU has published the list of members appointed to its Sustainable Finance Platform, which is remarkable in its lack of representation of asset owners.

The platform is an advisory body made up …

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FRC revamps UK Stewardship Code with new report obligation

FRC revamps UK Stewardship Code with new report obligation

Prospective signatories of the UK Stewardship Code face a new reporting requirement and will soon have to prepare annual stewardship reports, following an update by the Financial Reporting Council (FRC).

In …

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UK govt extends AGM leeway to end of 2020

UK govt extends AGM leeway to end of 2020

The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.

This temporary adjustment to …

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SEC forms climate and ESG taskforce

SEC lambasted over shareholder rights change as companies fail to meet ESG targets 

The US Securities and Exchange Commission (SEC) has come under fire from investor groups after it voted to adopt amendments to its shareholder proposal rules.

In what …

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PLSA publishes Implementation Statement reporting templates

PLSA publishes vote reporting templates for UK pension schemes

The Pensions and Lifetime Savings Association (PLSA) has published vote reporting templates to help schemes enact their shareholder voting rights.

The PLSA has published two different sets of guidance – one …

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Investors challenge EU’s sustainability approach

Investors challenge EU’s sustainability approach

A range of investors and other financial market participants have poured cold water on the EU’s proposals to establish a standard classification system for sustainable investments.

The Securities and Markets Stakeholder Group (SMSG), which operates …

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shareholder rights

Investor group urges SEC to reopen proxy rules comment period

A group of investors is calling on the SEC to reopen the comment period on amendments to shareholder proxy rules after new data was submitted by its Division of Economic

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