Corporate governance – Page 32
-
NewsSwiss pension funds fear Credit Suisse/UBS deal will knock competition in banking sector
Takeover could hinder ability of pension funds to negotiate conditions with banks
-
NewsISSB to consult on wide-ranging connectivity project, warns on resourcing trade-offs
Stakeholders must give the board a clear steer on priorities, says Sue Lloyd
-
NewsHounslow Pension Fund adopts own voting policy in index fund
It is the first LGPS to have its holdings voted in a BlackRock pooled fund according to its own ESG voting policy
-
NewsCarbon-based pay incentives falling short of investor demands, says report
There needs to be more ambition to implement carbon targets robustly and effectively, using the power of incentives to support the push for net zero
-
NewsESAs call for development of securitised assets’ disclosure standards
Lack of climate-related data on assets underlying structured finance products poses obstacle for classification of products and services under taxonomy and SFDR
-
NewsUK regulator publishes guidance on employer related investments
The guidance warns trustees, employers and scheme advisers they must report ERI breaches to TPR
-
NewsPension funds to join class action against EY in Wirecard case
The volume of claims will likely reach €1bn
-
NewsMost asset managers have withheld or ditched investments as part of ESG engagement, says study
ShareAction urged assets managers to develop and publish their escalation strategies for dealing with uncooperative companies
-
NewsISSB to launch May consultation on initial two-year workplan
The first three candidate projects are research into biodiversity, human capital, and human rights in value chains
-
Opinion PiecesViewpoint: Can we use gender diversity to generate greater investment returns?
The effect of gender diversity on company performance has been well researched, but can it be used to identify the potential for better investment outcomes? Realindex conducted a new study to find out.
-
NewsAP7 probes own climate lobbying to ‘set good example’
Sweden’s second-biggest pension fund sets itself twin tasks of being more open about climate lobbying, and doing more evaluation
-
NewsBaFin updates guidelines on taxonomy-compliant gas and nuclear investments
The new guideline does not apply if nuclear energy and fossil gas are excluded from the pool of investments
-
NewsNorway’s SWF reveals its women take home less pay
Men are over-represented in better-paid investment roles and do more overtime, Norway’s SWF explains
-
NewsEngagement roundup: Fidelity International to review member communication
Plus: AllianzGI supports shareholder resolution on worker rights at Starbucks
-
NewsWave of sustainability downgrades affects pension funds too
If an asset manager has downgraded a lot of funds from Article 9 to Article 8 under the SFDR, this could be an indication of greenwashing
-
NewsBaFin gives go-ahead to engagement platform for asset owners, managers
Sustainable finance advisory committee to set up platform and publish taxonomy paper, while taking clear stance on ESMA’s ESG consultation
-
NewsG20 finance leaders and central bankers back ISSB progress on new reporting standards
The Financial Stability Board will work with ISSB and securities regulators to prepare a report on the progress of jurisdictions and firms on climate-related financial disclosures by October 2023
-
NewsCometa opposes CEO remuneration, but in favour of labour rights at AGMs
The Italian pension fund has opposed high pay, or pay not linked to ESG goals, of managers at Siemens, Deere & Co, and Compass Group
-
NewsISO launches sustainable finance standard
The British Standards Institute (BSI) – developing the new guidance – has committed to embed climate science into every new or revised standard it creates
-
NewsKLM pension funds demand more tax transparency from Microsoft
The Dutch airline’s three pension schemes are ready to lend support to similar drives at other firms
