Archive

'TISFD framework could face same double-materiality challenges as TNFD'

The knotty problem of 'double materiality' could prevent the creation of a standard for social data, according to one data provider.

Will MAGA politics trump sustainability at US AGMs?

The 'anti-ESG' movement threatens to further undermine support for shareholder proposals, Michael Hurley reports

US managers exiting NZAM 'will be expected to prove' sustainability credentials

US asset managers who left the Net Zero Asset Managers initiative will be expected to prove their stewardship activity keeps pace with industry best practice, according to a UK pension fund.

People Moves, 4 July: ResponsAbility, Morningstar, Riyad Bank, Aegon ... and more

Nature not a priority for AGM season, says Morningstar Sustainalytics

Nature is unlikely to be a priority this AGM season, Morningstar Sustainalytics tells Genevieve Redgrave, but ocean-related issues could rise up the agenda.

UK firms facing 'cliff-edge' risks of fund name rule breach given reprieve by regulator

Fund managers struggling to meet a looming deadline to comply with UK sustainability name rules have been given an extension by their regulator.

FRC cuts UK Stewardship Code reporting to 'reduce burden' on signatories

The Financial Reporting Council (FRC) has cut reporting requirements of the UK Stewardship Code, to "provide clarity on areas signatories outlined as challenging to address, reduce the volume of reporting and provide flexibility for signatories in defining how they undertake stewardship".

The accountability backlash has begun

Companies appear increasingly less tolerant of shareholders' dissenting opinions on risk management, governance, and pay, writes Lindsey Stewart

TNFD unlikely to be major issue in proxy season, says Morningstar

Companies are unlikely to face many calls to disclose in line with the Taskforce on Nature-related Financial Disclosures (TNFD) during this year's proxy season, according to Morningstar's Lindsey Stewart.

Scope 3 disclosure resolutions 'an area of significant contention' in the US

Shareholder resolutions on Scope 3 disclosures remain an "area of significant contention" among US asset managers, Morningstar has said, as it reveals support for ESG-focused resolutions in the country is likely to continue falling.