ESG Monthly archive

Jun 22, 2021
Investors target 1,320 companies over disclosure of environmental risks
More than 1,000 companies need to boost their reporting of environmental risks, according to a campaign backed by major institutional investors. The project, which pushes companies to report environmental data through CDP’s disclosure system, says 1,320 businesses were targeted this year. In total, 168 investors and financial institutions took part in CDP’s non-disclosure campaign, a rise of 56 percent compared with last year. Participants include Amundi,...
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Jun 17, 2021
Investor groups probing issuers on racial equity messaging this proxy season
As thousands of people took to the streets last summer to protest the deaths of George Floyd and other black Americans at the hands of police officers – alongside the disproportionate impact of the Covid-19 pandemic on communities of color – powerful chief executives made statements of support and pledged millions of dollars in assistance. And some investors took a fresh look at how they might hold those CEOs and their companies accountable for their promises an...
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Jun 15, 2021
Almost half back climate change proposal at Caterpillar
Shareholders at Caterpillar’s AGM last week almost nudged a proposal on climate change into the ‘approved’ column of this year’s proxy season scorecard. According to an SEC filing, around 48 percent of votes cast supported the proposal, which requested that Caterpillar’s board issue a report ‘disclosing the company’s climate policies, performance and...
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Jun 08, 2021
Group sets 2023 deadline for reporting framework on nature-related risks
The Taskforce on Nature-related Financial Disclosures (TNFD) has set a deadline of 2023 for the creation of a new reporting framework to address risks connected to the natural world. The organization, which officially launched last week, has also announced the appointment of two co-chairs: David Craig, CEO of Refinitiv, and Elizabeth Maruma Mrema, executive secretary of the UN Convention on Biological Diversity. In recent years, investors and regulators have ...
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Jun 01, 2021
Index investors continue to expand ESG focus, survey finds
ESG integration continues to rise at large asset managers, with the vast majority saying it played a greater role in engagement, proxy voting and investment decisions during the last year. Ninety-eight percent of institutional investors say ESG opportunities and risks – excluding the impact of Covid-19 – were given more consideration during shareholder engagement this year compared with last year, according to new research from Morrow Sodali. Ninety-five percent...
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