Remove Divestment Remove Information Remove Stewardship Code
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Stewardship Dialogue Must be Ongoing – FCA

Chris Hall

Manning said feedback on this subject would inform a planned review of the overall UK legal and regulatory framework relating to investment stewardship, due to be conducted later this year. Manning said the TPT’s guidance would provide support and input for investors’ sustainability-related stewardship activities. “If

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New Climate Rules and Guidance for UK Pensions

Chris Hall

Trustees should exert their influence over asset managers and investee companies to ensure they are “walking the walk” in terms of adapting their business models to net zero objectives, she said, including encouraging managers to sign up to the UK Stewardship Code.

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Make Vote Reporting Template Mandatory, FCA Told

Chris Hall

Following this year’s proxy season, the UK Asset Owner Roundtable has invited asset managers to have a “constructive dialogue” with its members to improve alignment on climate-related engagements with investee firms.

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Stewardship Nears Breaking Point

Chris Hall

A recent Financial Conduct Authority (FCA) discussion paper asked for feedback on possible regulatory change needed to support collaborative engagement and systemic stewardship, while the Financial Reporting Council is due to lead a review of its Stewardship Code. Also speaking at the Stewardship Summit, Mark Manning , Strategic Policy Advisor on (..)

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Trustees to Engage with Future

Chris Hall

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. . Trustees can then use this information to prioritise specific companies for engagement. . “We

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Trustees Must Overcome Data Gaps to Report on Paris Alignment – UK DWP

Chris Hall

C) “could incentivise the wrong behaviours” and result in schemes merely divesting the achieve alignment, rather than trying to engage to transition assets. The consultation response was coupled with stewardship guidance to help trustees to more aggressively challenge asset managers on their voting.

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Responsible Stewardship: Quality, not Quantity

Chris Hall

The mainstreaming of the industry has stimulated innovation on all levels, from the creation of new financial products, to a booming service provider space and novel research to help close knowledge and information gaps. If divesting from harmful industries, communicate this publicly. Collaboration as an enabler.