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The Long Game

Chris Hall

“As part of that, we looked at the stewardship area and concluded we should be doing more of it.” In 2015, the group also submitted its first application to the Financial Reporting Council’s (FRC) UK Stewardship Code. “An Soon after, Rathbones appointed a proxy voting consultant and set up its own voting policy.

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Take Five: Ready to Engage

Chris Hall

Proposals to bolster sustainable finance in Europe include recommendations for a new region-wide stewardship code. At this rate, 582 million will be chronically undernourished by 2030, meaning no progress will have been achieved since the SDGs were first established in 2015.

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An Increasing Sense of Urgency

Chris Hall

Satoshi Ikeda, Chief Sustainable Finance Officer at the FSA and Co-chair of the IOSCO workstream that developed the recommendations, says: “We’ve been trying to lead industry and financial sector discussions on [climate change] since the Paris Climate Accord was signed [in 2015]. Mandatory disclosure.

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Responsible Stewardship: Quality, not Quantity

Chris Hall

Dimson, Karakas & Li (2015) , Barko, Cremers & Renneboog (2021) , and Bauer, Terwall & Tissen (2022) all found positive market reactions to ESG engagements in their samples. Engagement to increase returns: Several studies confirm this hypothesis for successfully engaged companies.

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Take Five: Think Big

Chris Hall

Big shifts and giant leaps – Ahead of next week’s SDG Summit , the UN published a report outlining the science-based “transformational shifts” (or “ systems transformations ”) needed to achieve the 17 Sustainable Development Goals , replacing the incremental and insufficient process made since 2015.