Remove Divestment Remove Net Zero Remove Paris Agreement Remove Stewardship Code
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New Climate Rules and Guidance for UK Pensions

Chris Hall

Government plans to ease access to illiquid assets, but expects more robust stewardship. Paris alignment. Coffey also confirmed the introduction of new rules requiring pension scheme trustees to report on the alignment of their portfolios with the goals of the Paris Agreement, taking effect from 1 October.

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Trustees to Engage with Future

Chris Hall

Stewardship is widely considered one of the most effective tools in an asset owner’s toolbox to ensure companies are prioritising ESG-related issues, such as mitigating the effects of climate change. . “ The DWP pointed to the IIGCC’s Net Zero Stewardship Toolkit as a useful resource.

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Stewardship Nears Breaking Point

Chris Hall

Oil and gas major Shell is under increasing pressure ahead of its annual general meeting (AGM) on 23 May, with asset owners like PGGM and the Church of England Pensions Board announcing their support for a shareholder proposal calling for the company to align its Scope 3 emissions target with the Paris Agreement. Car manufacturer Toyota is facing (..)