The Institutional Investors Group on Climate Change (IIGCC) has collaborated with the Transition Pathway Initiative (TPI) to create an investor-led framework of pilot indicators to assess banks on the transition to net zero.
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More than 450 asset managers and pension funds responded to a consultation on standardised reporting Some of the world’s biggest pension funds and institutional investors are backing the International Financial Reporting Standards Foundation’s (IFRS) proposal for standardised sustainability reporting. Last September, the IFRS, which oversees the International Accounting Standards Board (IASB), published a consultation paper […]
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Edelman: ESG key to rebuilding investor trust post Covid-19 ESG criteria still championed by investors despite retrogressive attitude from policymakers Environmental, social and governance (ESG) will play a crucial role in rebuilding trust between companies and the investment community, the latest Edelman Trust Barometer has found. This comes after suggestions ESG was temporarily deprioritised by […]
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DoL questions purpose of shareholder voting The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all. Following its recent proposals around how asset managers obtain and validate information on the companies they […]
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Investors urge DoL to pull ESG proposals Institutional investors from around the world have urged the US Department of Labor to pull back on its proposed Financial Factors in Selecting Plan Investments Regulation and give them more time to feedback. Retirement schemes and pension plans from the US, UK, Italy and Spain have submitted evidence […]
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High performing fund managers overlooked… if they’re black Investors are being urged to tackle institutional racism after a major study found black fund managers are often overlooked due to their colour – even when they are high performing. The study, published last week by Stanford University and venture capital firm Illumen Capital, found evidence of racial […]
Read MoreAs we approach the season of goodwill to all (wo)mankind, our thoughts often turn to those less fortunate than ourselves, and how we might achieve a better world with what we have to share. It’s a tradition that stretches well back before the iconic 1843 Dickens novella “A Christmas Carol“. In many ways, socially responsible […]
Read MoreWe are already fast approaching the anniversary of the first investor disclosures in response to the UK Stewardship Code: the raft of reviews and evaluations as to its impact is sure to begin soon, especially with the notion of a European Stewardship Code and the introduction of other similar Codes fresh in our minds as […]
Read MoreThe South African Times has reported that a ‘group of stakeholders within the investor community have with the assistance of The Institute of Directors in Southern Africa (IoDSA) convened a committee for the drafting of a code for responsible shareholder investing’. The new Code is expected to supplement the existing King III Corporate Governance Code […]
Read MoreFollowing a decision by the South African Institute of Directors to abandon a plan to launch a code aimed at encouraging engagement by institutional investors, the Public Investment Corporation (PIC) has pledged to pursue the matter, according to BusinessDay. Next month will see the publication of the King III Report on Corporate Governance which will […]
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