ESG Archive

Mar 08, 2019
Fearless Girl campaign prompts more than 400 firms to add female director
Earlier this week, the world’s second Fearless Girl statue was installed in London, just feet away from St Paul’s Cathedral. As is the case with her counterpart in New York – originally installed opposite the Financial District’s Charging Bull and now stationed outside the NYSE – she stands tall, hands on hips, looking proudly out to the world. When New York’s Fearless Girl statue was installed, on International Women’s Day 2017, it marked the beginnin...
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Mar 08, 2019
Asset managers back more climate proposals, Ceres finds
New analysis from Ceres and FundVotes indicates robust growth in support for climate-related proposals among the largest institutional investors operating in the US. During the 2018 proxy season, 46 percent of asset managers voted for more than half of climate-related shareholder proposals tracked by Ceres, up from roughly 33 percent in 2017. The shareholder proposals analyzed asked companies to take action by, for example, setting greenhouse gas reduction targets, ...
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Feb 25, 2019
Private equity firms ramp up ESG integration, study finds
Private equity firms are increasingly considering the ESG impact of their investment before pumping money into a company, according to a PwC survey. The survey finds that investors are tuning into the fact that steering sustainable business practices through responsible investment can drive financial returns. PwC polled 162 finance companies from 35 countries, including 145 private equity firms. Almost 91 percent of respondents say they have an ESG policy in ...
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Feb 14, 2019
Survey highlights growing investor pressure on governance teams
New research underlines the increasing pressure on companies – and in turn their governance teams – to respond to demands from investors with effective engagement, disclosure and policies on an ever-broader array of topics, including human capital. Eighty-five percent of investors polled by Morrow Sodali say climate change will be the most-prioritized sustainability topic of their corporate engagements in 2019 – up 31 percentage points from last year and 35 pe...
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Feb 14, 2019
Earnings calls increasingly mention plastic waste
MSCI suggests that firms’ use of plastic is coming under greater scrutiny, amid broader and growing investor scrutiny of companies’ ESG performance. The mention of plastic waste in earnings calls increased by 340 percent in 2018, compared to the previous year, according to MSCI research. The index provider predicts that 2019 will see m...
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Feb 04, 2019
How to respond to the ESG spotlight
Evidence of the link between investment returns and companies’ ESG commitments is mounting exponentially, showing that ESG should no longer be viewed as a fad and fueling scrutiny from asset managers. With this in mind, Curley Global IR (CGIR) in 2018 conducted research into ESG-related issues such as sustainability definitions, materiality and disclosure, issuer engagement and perspectives on current best practices. CGIR’s data derives from detailed discussions...
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Jan 22, 2019
How Microsoft communicates about its take on ESG
This article originally appeared in the latest Corporate Secretary special report. Click here to view the full publication. As has been well documented, companies today face growing pressure to let shareholders know about the risks – and the opportunities – they face from a range of ESG issues. Companies need to show both that they are aware of these issues and, in many cases, tha...
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Jan 16, 2019
BlackRock urged to take action on climate change
Twelve investor and shareholder advocacy groups have called for BlackRock to improve its efforts on climate-related shareholder resolutions and engagements. The groups wrote to BlackRock in anticipation of CEO Larry Fink’s yearly letter to companies reminding them of their need to address global strategic challenges and deliver long-term value for shareholders and society. The groups’ own letter calls out the fund manager for what it calls its own ‘poor...
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Jan 09, 2019
Considering ESG materiality is part of fiduciary duty, says Cornerstone Capital CEO
ESG is on the minds of investors – both active and passive – and it’s incumbent on IR teams, corporate secretaries and other in-house counsel to work together to identify and report on material risks and opportunities, according to leading experts. More than 130 people gathered in New York last month for the inaugural ESG Integration Forum. This was the first time the IR Magazine and Corporate Secretary audiences had come together under one roof in ac...
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Nov 07, 2018
SASB launches new materiality reporting framework
The Sustainability Accounting Standards Board (SASB) today launched its 77 industry-specific reporting standards for companies to disclose material environmental risks. SASB had previously issued provisional reporting standards that were adopted by a selection of companies – such as GM, Merck, Nike and JetBlue – and praised by investors for their focus on industry-spec...
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