SEC forms climate and ESG taskforce

SEC moves to streamline ESG proxy voting


11 November, 2021

A ruling by the Securities and Exchange Commission (SEC) could make it easier for investors to express views on environmental, social and governance (ESG) issues through proxy votes.

The …

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UK steps closer to SRD II adoption

Investors warn ‘Big Four’ to integrate climate risk into audits


November 5, 2021

Investors are to begin voting against the reappointment of auditors that do not challenge companies on the impact of decarbonisation on their accounts.

A group of 24 …

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group of idols, representing investors, surrounded by cupped hands GGIC Corporate Governance

Sustainable securities lending: A letter to asset owners

The Global Principles for Sustainable Securities Lending (Global PSSL) Founder and CEO, Radek Stech, calls on asset owners to consider the impact of their securities lending practices and introduces what it means

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climate map of the world

Science Based Targets Initiative launches net-zero standard for corporates

AstraZeneca joins the growing number of companies to have emissions targets certified


The Science Based Targets Initiative (SBTi) has launched a corporate standard for assessing and achieving net-zero carbon emissions.

The …

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DWP, pensions, stewardship

The end of stewardship box-ticking?


October 22, 2021

The Department for Work and Pensions (DWP) has published a consultation covering UK pension schemes’ climate change reporting and stewardship duties.

In it, the DWP lays out rules and guidance for schemes …

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EU Flags European Commission CSRD CSDDD

EBA publishes standards on voting disclosures


October 22, 2021

Firms to disclose influence over companies in which they hold voting rights

Investment firms will be expected to publish more data on their voting rights and influence over companies in which …

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legal action

US manufacturers sue SEC over proxy rule


October 22, 2021

A group of US manufacturers are taking legal action in an effort to force the Securities and Exchange Commission (SEC) to enact a Trump-era rule designed to restrict the influence …

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Shareholder-focused capitalism beginning to fray

UN says banks responsible for human rights


October 8, 2021

Banks holding shares on behalf of clients are still responsible for human rights due diligence at the companies whose shares they hold, according to the UN.

The UN’s Office …

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IOSCO issues recommendations on ESG ratings


October 8, 2021

The International Organisation of Securities Commissions (IOSCO) plans to establish a framework for members to understand and mitigate potential risks in working with ESG ratings and data providers.

The experience of …

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lawsuit

Lawsuit challenges SEC over shareholder voting rules


October 1, 2021

The Council of Institutional Investors (CII) has challenged the Securities and Exchange Commission’s (SEC) planned changes to shareholder proposal rules.

In an ‘amicus brief’ filed in the district court for …

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