ESG Archive

ESG

MOL: Reinventing the ESG reporting wheel

Oct 01, 2020
Garnet Roach
MOL: Reinventing the ESG reporting wheel
MOL's Mikkel Skougaard likes to joke that the only people who used to read the sustainability report from cover to cover were him and the auditor. Now, though, anyone who has 15 minutes to spare can find out everything they need to know about the Hungarian oil and gas firm’s sustainability credentials. Last year the Budapest headquartered company took a risk, bucking the trend for increasingly lengthy sustainability reports to produce a 10-page, 15-minute read for...
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ESG

Vanguard keeps up ESG focus

Sep 16, 2020
Ben Maiden
Vanguard keeps up ESG focus
Vanguard has maintained its focus on ESG issues in terms of engagement and voting, according to its investment stewardship report on the 2020 proxy season. Figures in the report highlight the emerging picture that, contrary to some observers’ initial predictions, the Covid-19 pandemic and associated economic crisis have not lure...
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ESG

Rise in Canadian companies publishing sustainability reports

Sep 09, 2020
Ben Ashwell
Rise in Canadian companies publishing sustainability reports
More than half (58 percent) of companies on the S&P/TSX Composite Index have published a sustainability report this year – a rise of 10 percentage points on last year, according to the latest ESG disclosure study from Millani. The report authors estimate that by the end of this year, 66 percent of the S&P/TSX Composite will have published a sustainability report, based on which companies historically publish sustainability reports between now and the end o...
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ESG

SSGA to seek racial diversity disclosures

Sep 03, 2020
Ben Maiden
SSGA to seek racial diversity disclosures
State Street Global Advisors (SSGA) is adding to the growing social and investment pressure on corporations to take issues of racial diversity, equity and inclusion more seriously. In a letter to board chairs released last week, SSGA global chief investment officer Richard Lacaille explains that starting in 2021 the asset manager – which has roughly $3 trillion in assets under management – will ask portfolio companies to explain their risks, goals and strategy r...
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ESG

ESG communications FAQ: How to build back better

Aug 31, 2020
Heather Keough, Chris Plath and Miguel Santisteve
ESG communications FAQ: How to build back better
With the initial shock of the Covid-19 pandemic behind us, companies must look forward to continuing business and their dialogue with investors despite the multitude of uncertainties ahead. What does effective ESG communication look like in the new normal? Here we answer some common questions impacting corporates. How has Covid-19 affected the drive for standardized reporting? We think investor demand for greater standardization in sustainab...
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ESG

Ceres highlights general counsel role in climate lobbying efforts

Aug 20, 2020
Ben Maiden
Ceres highlights general counsel role in climate lobbying efforts
General counsel have an important role in ensuring governance tools are in place to align their companies’ direct lobbying – or indirect lobbying via industry groups – with climate science and the systemic risks posed by the climate crisis, according to a new report. Non-profits including Ceres late last year released an open letter to US CEOs calling for companies to adopt a framework centering on a science-based climate policy agenda in line with an increase...
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ESG

How Calvert examines ESG information and puts it to use

Aug 10, 2020
Mike Schnitzel
How Calvert examines ESG information and puts it to use
Your firm is all about ESG investing. How did the decision come about to make ESG the centerpiece of your investing strategy? Responsible investing is what we do and we take it from the perspective of our responsibilities to our clients. So in terms of fully meeting our responsibilities to our clients, we use ESG information to really work in two areas. First, we use ESG to inform our security selection. Second, we use ESG metrics to determine how t...
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ESG

Investors relying less on top-line ESG scores, say panelists

Aug 06, 2020
Tim Human
Investors relying less on top-line ESG scores, say panelists
Investors are increasingly creating their own proprietary ESG research and scoring methodologies, although they continue to use ratings firms as a key source of information, according to speakers at IR Magazine’s ESG Integration Forum – Summer 2020. The forum, which took place last week in a virtual format, tackled issues such as the impact of Covid-19 on ESG reporting, the outcome of this year’s AGM season and developing a sustainability program dur...
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