stewardship Archives

Minerva founding member of net zero alliance

Minerva Analytics and our strategic partners at Solactive are proud to announce we are founding members of the Net Zero Financial Service Provider Alliance (NZFSAP).

CMA publishes guidance to tackle Greenwashing

The Competitions and Markets Authority (CMA) has published the ‘Green Claims Code’, containing guidance principles to assist businesses in complying with consumer protection law and avoid making misleading environmental claims. A full review of misleading claims will be conducted by the CMA at the beginning of 2022.

One in three applications to UK Stewardship Code fail

One in three applicants to the UK’s Financial Reporting Council’s (FRC) Stewardship Code did not meet the required standard, owing to shortcomings in evidence and relying too heavily on policy.

UN steps up corporate human rights expectations

Many banks and investment funds have been included in an international treaty clamping down on private-sector human rights abuses.

UK asset owners join forces for diversity push

Some of the UK’s largest pension investors have collaborated to establish a formal, repeatable diversity assessment and improvement process.

Data, Sustainability risks internal audit

IOSCO considers rulebook for ESG data providers

Providers of data and ratings for environmental, social and governance (ESG) factors could come under an explicit international regulatory framework to ensure consistency, according to a new report from the International Organization of Securities Commissions (IOSCO).

Australia confronts Jobkeeper profiteering amidst disclosure concerns

With Australian proxy season preparations now underway, the Australian federal authorities are looking to introduce a public register of companies that use the government’s JobKeeper programme. Debates around the proposed bill centre over the impact and fairness of Covid furlough support and a lack of corporate transparency over the uptake and use of wage subsidies.

FCA lambasts ‘poor quality’ ESG product design

The UK’s Financial Conduct Authority (FCA) has hit out at “poor quality” product applications for ESG funds and set out detailed guidance for fund managers.

Minerva Briefing – Biodiversity & Stewardship

Today, investors are increasingly aware that all forms of capital, including natural capital, contribute to long-term sustainable growth. To mark Earth Day 2021, Minerva published a Briefing on Biodiversity and Stewardship to help investors consider the role of natural capital in their investments.