SEC creates new senior climate change role

SEC creates new senior climate change role

Regulator likely to pursue policies to incorporate climate risk as part of corporate disclosures

President Joe Biden’s pledge that his inauguration would mark a sea change for climate policy is already in action

Read More
DWP, pensions, stewardship

Trustees of occupational pension schemes with more than £5bn will be required to publish a TCFD report

The government has confirmed details of how UK pension schemes will be required to report on climate change issues affecting their portfolios.

The …

Read More
Biden returns US to Paris Agreement and appoints proxy voting advocate

Allison Herren Lee takes the top regulatory job

Joe Biden has already shown his commitment to acting on climate change, bringing the US back into the Paris accord and appointing Allison Herren Lee as acting chair of the Securities and

Read More
Investor Forum embraces ‘stakeholder capitalism’

An investment industry initiative set up to help escalate material issues with UK-listed companies has reported its strongest year to date for collective engagement activity.

The Investor Forum said 2020 had proved to be a watershed year for the development …

Read More
HSBC shareholders urge bank to cut exposure to fossil fuels

Investors file resolution calling on bank to publish strategy and targets

Some of Europe’s biggest pension funds and asset managers have filed a shareholder vote urging HSBC to cut its lending linked to fossil fuels.

Fifteen institutional investors with a …

Read More
Asset managers are avoiding ESG shareholder resolutions

Asset managers are avoiding ESG shareholder resolutions

The biggest shareholders need to lead on proxy voting and public engagement, a leading NGO says.

Some of the world’s largest asset managers are not using their proxy voting rights to support sustainable

Read More
Companies plan to align ESG priorities with incentive plans

Companies plan to align ESG priorities with incentive plans

Investor pressure and recognition of benefits are driving the change

Companies around the world are accelerating their focus on environmental, social and governance (ESG) priorities as climate change and diversity issues

Read More
London-listed companies need to start their net-zero journey

FCA confirms plans for TCFD rules from January

London-listed companies need to start their net-zero journey

All companies with a premium listing on the London Stock Exchange (LSE) will be required to make climate-related disclosures from January, the Financial Conduct

Read More
UK government urges finance firms to make net-zero pledge

UK government urges private finance firms to make net zero pledge

Finance is a central theme in the race to net zero

The UK government is calling on privately owned financial institutions to commit to a net-zero carbon future.

Speaking …

Read More
China and Russia join push on climate change action

China and Russia join push on climate change action

International momentum is building around the race to net zero

The impact of climate change seems to be resonating with the leaders of Russia and China who have committed to significant

Read More