• UK's FCA appoints ESG advisory committee

    13 December 2022

    Desiree Fixler is among six members of an advisory committee on environmental, social and governance (ESG) issues to have been appointed by the UK's financial services regulator.

  • BlackRock, Vanguard climate and social voting records continue to disappoint

    01 December 2020

    Asset managers' proxy voting record on shareholder resolutions for climate and social issues continued to disappoint in 2020, according to a report by ShareAction, with US giants BlackRock, Vanguard and Capital Group among the worst performers.

  • Asset manager taskforce calls on bondholders to assert their rights

    24 November 2020

    A UK government-initiated taskforce has announced recommendations to strengthen sustainable stewardship in the UK investment industry, including encouraging investors to assert their rights in the bond and private markets.

  • UK lawmakers urged to strengthen ESG focus of pension funds

    05 November 2020

    UK legislators were urged to back a law to compel managers of the £2.8 trillion ($3.6 trillion) in pension fund assets to consider environmental, social and governance (ESG) factors as part of their fiduciary duty to clients, including through the creation of a Scandinavian-style ethics council.

  • Largest private pension scheme in UK announces first divestments

    01 June 2020

    The Universities Superannuation Scheme (USS) has announced it will not invest in tobacco, coal, and controversial weaponry firms under its exclusions policy, though campaigners are pressing for the £68 billion ($84 billion) fund to divest from other fossil fuel firms.

  • A fifth of Barclays investors back fossil fuel financing phase out

    07 May 2020

    More than a fifth of investors in Barclays backed a shareholder resolution urging the FTSE 100-listed lender to outline a plan to phase out its financing for fossil fuel firms.

  • ESG in fiduciary duty debate is over, says PRI

    28 November 2019

    The debate about whether environmental, social and governance (ESG) issues are part of fiduciary duty "is now over", according to the Principles for Responsible Investment (PRI).

  • Success of $32trn Climate Action 100+ ‘at risk’, say NGOs

    12 April 2019

    The success of the Climate Action 100+ (CA100+) collaborative investor engagement initiative is being jeopardised because many investors are failing to fully support it, according to a group of civil society organisations.

  • UK pension funds could be required to state ESG policy

    18 December 2017

    UK pension trustees could be required to state their investment policies on environmental, social and governance (ESG) factors, as well as their approach to voting and engagement, with the introduction of new regulation next year.

  • ShareAction takes over Asset Owners Disclosure Project

    13 June 2017

    ShareAction has taken over leadership of the Asset Owners Disclosure Project (AODP) to further its responsible investment message in US and Australian markets.