Solactive, the European Fintech Leader Makes Strategic Investment in Minerva.

Solactive makes strategic investment in European governance, sustainability and proxy voting firm, Minerva Analytics. Solactive announces the completion of a strategic investment in Minerva to accelerate growth of the electronic voting, stewardship and ESG research services firm. Following the deal’s completion, Minerva will build-out its research and client service capability through Solactive’s offices in Frankfurt, […]

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lobbying

The US investment giant, BlackRock, has stated that is responding to the recent school shooting in the US by engaging with firearms manufacturers and retailers to understand what they are doing to reduce the risk of this kind of event happening again. BlackRock said there are three publicly traded companies in the US whose primary business […]

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Rio Tinto

Institutional investors in Rio Tinto, have filed a resolution calling on the mining group to cease membership of the Minerals Council of Australasia (MCA)  which they believe is primarily a lobby group for the coal industry. Rio Tinto will hold its UK AGM in April and its Australian AGM in May. The shareholder action has […]

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sustainable finance action plan

The EU’s High-Level Expert Group (HLEG) on Sustainable Finance, set up by the European Commission in December 2016, has produced its final recommendations. The Commission has pledged that these proposals will form part of its sustainable finance action plan that will be discussed at a conference in Brussels in March. The HLEG made recommendations across […]

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State green business

The 2018 State of Green Business Report – produced by GreenBiz and Trucost – stated that the corporate carbon emissions of the largest 1,200 global companies and the largest 500 US companies fell in 2016 reaching the lowest level in the past five years, as a result of a switch to cleaner fuels. There have also […]

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BHP climate change

Global mining and oil company BHP said it intends to pull out of the World Coal Association (WCA) over its position on climate change. This follows the publication of a review of industry associations that have an active position on climate and energy policy analysing if these views are materially different to its own position. The report […]

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pensions trustees ESG

Responsible investment pressure group ShareAction has welcomed the UK government’s interim response to recommendations made by the Law Commission earlier this year which concluded that there were no legal or regulatory barriers to pension funds, whether defined contribution or defined benefit, making investments that support the wider social good. In the joint response document, the Department for […]

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climate-related financial disclosures

The Task Force on Climate-Related Financial Disclosures (TCFD) has revealed it has public support from 237 companies with a combined market capitalisation of over $6.3 trillion, which includes 150 financial firms responsible for assets of over $81.7 trillion. The TCFD announced the growing support at the One Planet Summit hosted by French President Emmanuel Macron, […]

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TPR ESG

UK pension fund trustees who want to fulfil their fiduciary duty should be able to implement their environmental, social and governance (ESG) policies and challenge their investment advisers on these issues according to The Pensions Regulator (TPR). The regulator issued a range of guidance, including on investment strategy, for defined contribution schemes last year and has […]

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pensions trustees ESG

Pension plans across Europe believe environmental, social and governance (ESG) will become an increasingly important part of their investment strategies according to a recent survey by Create Research. The research included a survey of 161 pension plans with total assets of €1.71 trillion and more in-depth interviews with 30 senior executives. The author, Professor Amin Rajan, wanted […]

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