ESG Archives

Sustainability: Commitment from firms to climate-related financial disclosures welcomed

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 …

TPR: Trustees should be able to implement their ESG-based policies

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 …

Pan-European pension plan survey: ESG investing part of the mainstream

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 …

UK staff: Companies can achieve ESG standards without hitting profits

Nearly half (47%) of UK staff can achieve higher environmental, social and governance (ESG) standards without sacrificing profitability, according to research carried out by Opinium on behalf of the Better Society Awards and Citigate Dewe Rogerson.

The online …

Shareholders back management on climate change

Shareholders in oil giant Shell overwhelmingly gave their backing to management and its approach to planning for a transition to a low carbon economy at its AGM this week (23rd May). The voting results…

Financial Stability Board taskforce consults on climate-related disclosures

The Financial Stability Board’s Task Force on Climate-related Financial Disclosures has published a consultation for its recommendations on voluntary, climate-related disclosures to be included as part of mainstream financial filings. The task force said its recommendations will help organisations identify …

IORPII approval gives welcome boost to ESG

The European Parliament has backed the introduction of the Institutions for Occupational Retirement Provision Directive (IORPII). One of the requirements of the new directive is for European occupational pensions to consider environmental, social and governance (ESG) issues.

Responsible …

Nevsun faces Eritrean forced labour trial in Canada

Nevsun Resources, (TSX: NSU / NYSE MKT: NSU) will face charges of forced labour in the Canadian courts, even though the allegations of slavery by its Bisha Mining Share Company subsidiary occurred in Eritrea. However, the three Eritrean men …

UK’s public pension funds boosted by new ESG investment guidance

Responsible investment advocates have welcomed the government’s Local Government Pension Scheme guidance which provides a less prescriptive framework for investing as part of the requirement for local authorities to prepare their own investment strategy statement.

The guidance is to enable …

PRI launches guide for institutional investors to integrate ESG strategies

The United Nations-led PRI (Principles for Responsible Investment) has published a guide which it said is the most comprehensive description to date of what ESG (environmental, social and governance) -integrated analysis is, and which explains how it works in practice.…