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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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Stewardship and Governance “Two Sides of the Same Coin” – FRC

Chris Hall

UK r egulator aims to address gaps in collaborative engagement in upcoming review of the Stewardship Code. We must avoid well-intentioned but meaningless disclosure and focus on what’s important.

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UK Stewardship Code to Keep up with the Times

Chris Hall

Andrea Tweedie, Head of Stewardship at the Financial Reporting Council, highlights progress to date and calls for ‘good, bad and ugly’ feedback ahead of the upcoming review. The new codes substantially raised expectations for how money is invested on behalf of UK savers and pensioners,” said Tweedie. “In

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A Step Forward for Stewardship

Chris Hall

“Asset owners in Germany and Belgium were basically following the asset managers’ lead on stewardship, as there is not much pressure applied on them to exert influence,” he said. “It The code is voluntary, but many institutional investors have signed up to it as a way of demonstrating their commitment to responsible investment.

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Take Five: The Waiting is Almost Over

Chris Hall

Another long-awaited announcement came from the UK’s Financial Reporting Council (FRC), which confirmed the start of its Stewardship Code 2020 review. Evolution or revolution?

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ESG Overload 

Chris Hall

This was followed in 2010 by high level reporting for the Financial Reporting Council’s (FRC) original Stewardship Code. Then in 2020, things began to change, notes Russell. The PRI’s Reporting and Assessment process became incredibly complex to complete in 2020. “The

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Managers not Committing to “Most Impactful” Stewardship Measures

Chris Hall

Despite strong progress by asset managers on stewardship since 2020, voting data disclosure and new policies “are not being matched by real-world action”, reports ShareAction. Regarding stewardship, ShareAction found high levels of transparency across voting and engagement, but noted gaps in key areas.