Asset managers are avoiding ESG shareholder resolutions

Pooled fund split voting gains further support


January 28, 2022

As more pension schemes have embraced low cost index investment in recent years, many pension scheme trustees have been calling for asset managers to find a way of ensuring their …

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Letter

Companies struggle as US targets forced labour


January 28, 2022

A US law requiring the disclosure of links to potential forced labour could pose more supply chain issues to listed companies as investor scrutiny increases on social issues.

The Uyghur …

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ESGvolution, Environment, Nature, Nature-related

Taskforce on nature expands membership


January 28, 2022

The Taskforce on Nature-related Financial Disclosures (TNFD) has added 13 new “knowledge partners” including the CDP, Sustainability Accounting Standards Board (SASB) and the Global Reporting Initiative (GRI).

The TNFD is developing a …

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Asia, Finance, Singapore

Asia’s ESG ratings sector still developing, says OECD


January 21, 2022

ESG ratings are still in the early stages of development in the Asia Pacific region, according to a report from the OECD.

The Trends in ESG Investing and Quality

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Canada, Parliament

Canada delays sustainability standards board


January 21, 2022

Canada’s consultation on its new sustainability standards board has extended its deadline until March, 2022. Last November Canada became the latest country to pursue its own sustainability reporting standards after it announced …

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IFRS ISSB Logo

IFRS begins search for sustainability standards board


January 14, 2022

The International Financial Reporting Standards (IFRS) Foundation has begun its formal search for board members to sit on its new sustainability standards body.

The International Sustainability Standards Board (ISSB) …

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Australia, Australian, Sydney CBD

Australia proxy season keeps ESG at the forefront


January 7, 2022

Environmental, social and governance (ESG) issues are increasingly at the forefront of debate in the Australian market and 2021’s AGM season proved no exception. With Australian shareholders continuing to …

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Australia, Parliament, JobKeeper

Australia pushes ahead with proxy reforms


January 7, 2022

The Australian government has introduced a new regulation to reform proxy voting advice services.

The reforms extend the country’s financial services licensing regime to cover a broader range of proxy adviser …

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nuclear, power plant

EU taxonomy plan for nuclear sparks controversy


January 07, 2022

The European Commission is in talks to classify nuclear energy and gas as green investments in its new sustainable taxonomy.

The decision has caused consternation among member states, particularly in …

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Canadian Prime Minister, Justin Trudeau

Canadian PM calls on ministers to push for climate disclosures


December 24, 2021

Canadian Prime Minister Justin Trudeau has written to his finance and environment cabinet ministers urging them to push for mandatory climate-related financial disclosures.

The PM outlined a …

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