stewardship Archives

ICEV warns dual-class shares will harm investor interests

ICEV warns dual-class shares will harm investor interests December 1st, 2023 A report by the Investor Coalition for Equal Votes (ICEV) on unequal voting rights has urged companies with dual-class share structures to switch to single-class to equalise investor voting rights. A dual-class share structure involves a company issuing two share classes – one typically […]

Minerva 2023 Proxy Review finds high uncertainty

The Minerva 2023 Proxy Review will be published later this month highlighting the impact of the uncertain geopolitical climate has had on investor voting this year.

TPI publishes ASCOR framework

The Transition Pathway Initiative (TPI) has released its Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) framework, which assesses countries on climate change.

Only 4% of companies disclosing in line with full TCFD

Just 4% of companies are reporting in line with all 11 of the Taskforce on Climate-related Financial Disclosures (TCFD) recommendations, according to its latest status report.

A4S releases guide for managing nature risks

Accounting for Sustainability (A4S) has published its recommendations for pension fund chairs and trustees to handle nature-related risks and opportunities.

TPT publish UK gold standard Disclosure Framework

The UK’s Transition Plan Taskforce (TPT) has released its gold standard disclosure framework for financial institutions, which will support best practice transition plans.

Swiss Stewardship Code for asset owners to launch

The Asset Management Association Switzerland (AMAS) is to launch a Swiss Stewardship Code in October requiring institutional investors to be transparent about their investment processes.

TPI Centre: Banks must expand emission reduction target coverage

The Transition Pathway Initiative Global Climate Transition Centre (TPI Centre) has called on banks to broaden their emission target coverage to include all material financing activities.

Businesses not prepared to comply with ESG regulation

A disconnect between executives and their employees on ESG regulation could mean companies are still not ready to abide by emerging requirements, a study by software-as-a-solution provider Workiva and consultancy PwC.

CalSTRS votes against 2,035 boards for inadequate climate risk disclosures

The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to accurately assess emissions.