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UK Stewardship Code to Benefit from Fine-tuning

Chris Hall

A review of the UK Stewardship Code 2020 should prompt evolution rather than revolution, according to industry experts, who want to see refinement aimed at further improving outcomes. The post UK Stewardship Code to Benefit from Fine-tuning appeared first on ESG Investor.

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A Fine Line

Chris Hall

Laith Cahill, Senior Net Zero Stewardship Specialist at the IIGCC, says the UK’s streamlined Stewardship Code must preserve its ambition. Since its last update in 2019, the landscape for stewardship and reporting has evolved drastically. These are both critical elements in investors’ stewardship toolkits.

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The Key to Effective Stewardship

Chris Hall

Stewardship encompasses everything that we manage, including our pension fund clients’ assets and reputation; it is not just about traditional activities such as engagement,” Frances Deakin told ESG Investor. Viewing stewardship as everything we do is my definition of responsible investment (RI).”

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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. But there are few telling indicators to be found in the long-awaited 2024 Target Disclosures Report , published this week by the Net Zero Asset Managers (NZAM) initiative.

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UK Aims to End Uncertainty on Fiduciary Duty

Chris Hall

Green Finance Strategy outlines the government’s plans to align the finance sector with its net zero commitments.  A commitment to review pension trustees’ fiduciary duties and stewardship activities in the UK’s updated Green Finance Strategy has been welcomed by industry experts.

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Voting Policies Offering Asset Owners Closer Scrutiny

Chris Hall

In terms of drivers of geographic distinctions, he cited the recently strengthened UK Stewardship Code as one reason why European firms generally outperformed their US counterparts on clarity of voting policy. Increasingly vocal.