Stewardship moves beyond box ticking
The Financial Reporting Council (FRC) has published a new UK Stewardship Code which is due to come into effect on 1 January 2020.
The revised Code has set a higher standard for how money is …
Read MoreThe UK’s financial regulator has published its long-awaited proposals to tackle inadequate climate change disclosures by firms.
The Financial Conduct Authority’s (FCA) proposals follow feedback from stakeholders to its October 2018 discussion paper on climate change and green finance.
Its …
Read MoreEnvironmental groups take aim at US corporates
Eleven of the world’s leading environmental groups have written an impassioned open letter imploring America’s big corporates to step up their climate change efforts.
The letter, published in the New York Times, urged …
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Investors need courage of their ESG convictions
Asset owners must have the courage of their convictions to push forward with ESG policies – particularly when relevant data is hard to come by.
That was one of the overarching messages from …
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UKSIF names Meehan as chair
Michael Meehan has been appointed as the new chair of the UK Sustainable Investment and Finance Association (UKSIF).
He replaces Lesley Alexander, former CEO of HSBC’s UK pension fund, who has served five years in …
Read MoreEnvironmental factors top list of investor priorities
Environmental and corporate governance issues topped the list of biggest priorities for the UK’s largest investors – but stewardship engagement remains an area of concern, a report reveals.
EY’s inaugural report into investor …
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Investors looking for consistent sustainability reporting
Investors are calling for an overhaul of sustainability reporting standards following concerns that current guidelines prevent accurate and informed investment decisions.
A major survey by consultancy McKinsey & Co, published this week, revealed …
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