TPR climate strategy sign of 'major progress'
People Moves, 31 December: Hiro Mizuno, PRI, Temasek, SASB
FRC includes ESG in draft Stewardship Code
The UK's Financial Reporting Council (FRC) has issued a draft update to its Stewardship Code, which makes it clear that makes it clear that signatories are expected to take material environmental, social and governance (ESG) into account.
European Commission provides the sustainability weapon... ammunition to follow
Investment professionals have given a mixed reaction to draft EU rules on integrating sustainability in the fiduciary duty of investment firms and insurers. These rules are tied to another piece of legislation currently being designed and whose outcome could lead to significant change… or further greenwashing. Vincent Huck reports
The EU disclosure proposal seeks to clarify investors’ duties and unlock growth in sustainable finance, reports Elena K. Johansson
PRI explores supporting ESG pension fund pooling
The Principles for Responsible Investment (PRI) is considering ways to support pension fund signatories in pooling their demand for environmental, social, governance (ESG) services from investment consultants.
Taking control of short-termism
Rory Sullivan and Will Martindale propose a new agenda for companies and investors to encourage long-term business growth and ESG integration.