article thumbnail

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. But some have queried the extent of the code’s effectiveness so far.

article thumbnail

Lack of Resources Weakening Stewardship Efforts

Chris Hall

This is a significant hiring slowdown, perhaps indicating that stewardship and engagement is an area that managers are willing to cut as they face more challenging times financially,” the report mentioned.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Policy Matters

Chris Hall

Hardwiring sustainability into financial regulations is already on policymakers’ agenda. Research prepared by the Principles for Responsible Investment (PRI) shows that there are close to 900 policy tools or revisions that support responsible investors in 2022. By comparison, in 2019, there were fewer than 600; and in 2013, 300.

article thumbnail

An Increasing Sense of Urgency

Chris Hall

These long-held principles of sustainability have filtered down to the world of investment. According to figures published by The Global Sustainable Investment Alliance in 2021, Japan’s total sustainably invested assets stood at US$42,874 billion in 2020, representing a more than fivefold increase from 2016.

article thumbnail

Make Vote Reporting Template Mandatory, FCA Told

Chris Hall

Paul Lee, Head of Stewardship and Sustainable Investment Strategy at investment consultants Redington, told ESG Investor the proposals should simplify the vote reporting process for both parties.

article thumbnail

Overcoming the Challenges of Measuring Social Performance

Chris Hall

Scanning across to the Financial Reporting Council’s UK Stewardship Code, the 2020 Code represents a mature governance regime for UK-listed businesses. It has its origins in 1992’s Cadbury report and code, which covers the financial aspects of corporate governance.

article thumbnail

All About the Outcomes

Chris Hall

While one asset manager reported 5,312 engagement actions over 12 months, five others recorded 200 or fewer over the same period. F irms like rezonanz , launched earlier this year, aim to provide improved voting and engagement analytics for asset owners to bolster their stewardship efforts and improve visibility of asset managers’ activities.