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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. According to a report from five UN agencies, one in eleven people – 733 million – faced hunger in 2023, a stubbornly high level initially reached in 2020, comparable to levels of nourishment seen in 2008-2009.

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Trustees to Engage with Future

Chris Hall

The DWP will assess whether further guidance is needed in H2 2023. . It emphasised the importance of trustees raising their climate stewardship ambitions by using Paris-alignment metrics to inform their engagement efforts to ensure they are truly contributing to the goals of the Paris Agreement. .

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Stewardship Nears Breaking Point

Chris Hall

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)

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Keeping Up with the Neighbours 

Chris Hall

New Zealand’s Minister for Climate Change James Shaw tells ESG Investor that Australia and New Zealand have a uniquely close relationship. “2023 is the 40 th anniversary of Closer Economic Relations,” Shaw says. “By The US demonstrates the swift difference progressive leadership makes in driving sustainable finance policy.