Tag: ESG investment
Elon Musk weighs in against ISS and Glass Lewis
On Twitter, Musk complains that large proxy advisers hold ‘far too much power’ over shareholder voting decisions.
Sustainability and climate change: the other energy crisis
The world is addicted to cheap energy. We need to admit this and have the courage to put oil, gas, and coal into stewardship.
Experts clash over ESG investment ‘agenda’
US professor slates PRI for ‘undue influence’ on the financial markets, while PRI maintains the need to inform investors on ESG.
BlackRock defends its ESG position
The fund manager has responded to accusations from the attorney generals of 18 US states, who say BlackRock is not ‘neutral’ about energy.
FTSE4Good companies warned over new ESG standards
FTSE Russell says 208 companies risk ejection from the FTSE4Good indexes because of their scores against standards introduced this year.
Governance week: Covid business models, CEO pay, CSR, McDonald’s scandal
Business models in the pandemic; shareholder attitudes to CEO pay; incentives for CSR and former McDonald’s CEO’s workplace relationships.
PRI policy chief warns that capital markets ‘remain unsustainable’
Campaign group’s head of policy and research Will Martindale says sustainability is not as deeply embedded in portfolio construction as it should be.
The growth of impact investing and the role of boards
The market for impact investing is now worth around $1.3trn. It is an opportunity for boards to steer their companies towards work that returns social or environmental benefits.
ESG issues see Norwegian oil fund divest from 210 companies
Report on responsible investment reveals that Norway’s sovereign wealth fund voted against 6,700 company resolutions.
FTSE 100 wealth manager to seek more focus on ESG investment
St James’s Place says interest in ESG investment coming from clients observing developments in society.