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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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UK's FRC downgrades 'environment and society' in updated definition of stewardship

Environmental Finance

The UK Financial Reporting Council (FRC) has downgraded the words 'environment and society' in a redefinition of stewardship under proposed updates to the country's Stewardship Code.

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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. The Stewardship Code plays a key role in influencing global practice and rigour.

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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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Government Delay of ARGA Leaves FRC Toothless

Chris Hall

“Two sides of the same coin” During the consultation on the UK Corporate Governance Code, stakeholders also raised concerns about the UK Stewardship Code, the FRC said in its statement. The UK Stewardship Code has over 250 signatories, including UK pension schemes Brunel Pension Partnership and Railpen.

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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. The UN report said a common definition and mapping of financing for food security and nutrition were “urgently needed”. A selection of the major stories impacting ESG investors, in five easy pieces.

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“Clear Direction” on ESG in New Guidance for Australian Super Funds  

Chris Hall

The draft guidance is due to be finalised in Q2 2023. The post “Clear Direction” on ESG in New Guidance for Australian Super Funds appeared first on ESG Investor.