article thumbnail

Effective Corporate Persuasion 

Chris Hall

The CISL report acknowledges that there is no universal definition of what constitutes an engagement. However, according to the reports findings, only 6% of environmental and social proposals are successful, suggesting that shareholder voting has only limited influence in the pivot towards sustainable investment.

article thumbnail

UK Pushed to Catch up with Europe on ESG Ratings

Chris Hall

The draft legislation has outlined a specific exclusion for firms from needing to apply for permission to provided ESG ratings in such circumstances.

Insiders

Sign Up for our Newsletter

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

article thumbnail

EC Leaning Toward New SFDR Categories

Chris Hall

Investors have been in limbo for six months about the future of the regulation, which provides guidelines on the disclosures required of green investment vehicles. InfluenceMap also reported that Article 8 funds had cumulatively invested 43.8 billion (US$46 billion) in fossil fuel companies compared to 39.4

article thumbnail

Impact in Focus Ahead of ESMA Deadline

Chris Hall

Hortense Bioy, Head of Sustainable Investing at Morningstar Sustainalytics, told ESG Investor that most of these name changes will take place over the next month. Jamie Broderick, Deputy Chair of the UKs not-profit Impact Investing Institute, says that this should come as no surprise. This could capture as many as 1,200 funds.

article thumbnail

Battlelines Drawn Over UK Stewardship Code 

Chris Hall

Many sustainability-focused investment managers and asset owners remain anxious that the UKs Financial Reporting Council (FRC) has removed all mention of environment and society from its definition of stewardship. Last week, the FRC said that 297 institutions had signed its Stewardship Code so far, accounting for a total of 52.3

article thumbnail

APAC’s Race to the Top 

Chris Hall

With the US rowing back on its climate commitments and the European Union potentially weakening core legislation on corporate sustainability disclosure as part of its forthcoming omnibus package, there is a danger that international pressure in the region might lessen. But Kwan remains optimistic.

article thumbnail

Support Emerges for Streamlining EU Taxonomy

Chris Hall

In its report , published last week, the PSF proposed changes to ease the compliance burden of the EUs taxonomy reporting rules and enhance their coherency with other pieces of sustainability regulation. The taxonomy, which came into effect in 2022, outlines economic activities that can be considered as sustainable across EU member states.