Sustainable investment ESG

Significant challenges exist for asset stewards in terms of assessing whether pertinent ESG factors have been identified and integrated into the investment process of their asset managers, according to Niall O’Shea from Discern Sustainability.

At Minerva’s recent ESG Educational Event …

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U.S. Chamber of Commerce CEO Thomas Donohue

The CEO of business lobbying giant, the US Chamber of Commerce, has delivered a surprise speech calling for bipartisan action on a number of issues – including climate change.

In a clear departure from its traditional pro-Republican stance, the Chamber’s …

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climate change pension schemes

Climate change is a significant risk and all Pension Scheme Trustees now need to give it specific attention, according to The Pensions Regulator.

At Minerva’s Autumn ESG Education Event in London, Melanie Jarman, Policy Analyst – ESG Issues at TPR

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Barclays

Major investors demand change at Barclays

A group of investors has filed a landmark shareholder resolution with banking giant Barclays over its financing of fossil fuel intensive companies.

Eleven major institutional investors, including Brunel Pension Partnership and LGPS Central, together …

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Since the global economic meltdown in 2007, the debate over shareholder primacy and who ‘owns’ a company has raged on.  

But at no time has the debate been as contentious as today with more stakeholders and industry commentators challenging the view that a corporation should exist principally to maximise shareholder wealth – a notion that was re-popularised by …

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stewardship code, ESG, Sustainability

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 …

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ESGvolution, Environment, Nature, Nature-related

Environmental 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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Environmental factors top list of investor priorities

Environmental 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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Flags of Canadian Provinces in Nathan Square, Toronto

Canada issues climate disclosure guidance

The Canadian Securities Administrators (CSA) has become the latest securities regulator to step forward with guidance for quoted companies on climate change risk disclosures.

CSA Staff Notice 51-358 Reporting of Climate Change-related Risks is intended …

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Fed claims climate risks

Fed claims climate risks are outside of current scope

The warnings have been coming thick and fast. From the world’s central banks, to leading academics and regulators – many believe the global financial system faces a serious and potentially catastrophic

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