Sec lending management key to better ESG

Sec lending management key to better ESG

Managing securities lending policies in line with ESG goals, rather than halting them completely, should result in better outcomes for shareholders, research suggests.

In recent months, asset owners had been quizzing fund firms …

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T Rowe Price: Engagement or voting? Asset manager advocates alternatives

Direct engagement with companies produces better results than shareholder resolutions at AGMs, an asset manager has argued.

US investment house T Rowe Price, which runs approximately $1trn, stated in its annual ESG report that it preferred to engage one-to-one with …

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Norway’s oil fund needs to “catch up” with ethical norms

Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds.

Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages …

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Investors strike emissions agreement with Total

Energy giant Total has committed to achieving net zero carbon emissions by 2050 or sooner, following engagement with leading investors through Climate Action 100+.

The agreement means all Europe-based oil and gas majors are now working towards the net zero …

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Minerva partners with Ryedale for ESG investment solution

Minerva Analytics has entered into a collaborative partnership with portfolio management technology provider Ryedale to incorporate environmental, social and governance (ESG) data into the fund management investment process.

The joint work is aimed at asset owners, asset managers and regulators …

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COVID-19 brings social investment to the fore

The COVID-19 pandemic has placed a renewed emphasis on the ‘social’ aspect of environmental, social and governance (ESG) investing.

Companies that place a high priority on the wellbeing of staff are likely to be those that succeed in the …

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Shell Logo

Energy giant Shell has committed to taking new action on climate change, including achieving net zero emissions within the next 30 years.

The commitment follows engagement with investors as part of Climate Action 100+, the initiative led by the Church …

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Australian energy giant rocked by shareholder rebellion

Santos, one of the largest oil and gas producers in Australia, has suffered a huge revolt by shareholders over its strategy on climate change.

At last week’s annual investor meeting, over 43% of Santos shareholders defied the board and …

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TCFD Climate Disclosures

UK Listing Rules push for TCFD compliance

ESG data quality will get a much-needed boost after the UK’s securities regulator, the Financial Conduct Authority (FCA) published proposals for improved climate-related disclosures for UK listed companies. If adopted, all premium-listed commercial …

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EU Flags European Commission CSRD CSDDD

Have regulators been deceived on green benchmarks?

New European regulations on green benchmarks have been thrown into the spotlight this week, amid allegations they favour the interests of a handful of ESG data providers rather than supporting “genuine sustainability”.

The …

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