Insights for Institutional Investors I Minerva Blog

ICEV warns dual-class shares will harm investor interests

1 December 2023

Asset managers are failing asset owners on stewardship

1 December 2023

FCA confirms final SDR and labelling guide

29 November 2023

The Financial Conduct Authority (FCA) has revealed its final Sustainability Disclosure Requirements (SDR) and investment label regime, including a new ‘mixed goal’ label.

Minerva shareholder proposals annual review finds falling support for proposals

24 November 2023

2023 had the highest number of shareholder proposals, but support for proposals fell in each category other than governance, according to the latest Minerva Shareholder Proposals Annual Review.

Investors urge US companies to implement living wage

24 November 2023

A coalition of faith-based institutional investors has called on US companies in traditionally low-wage sectors, such as hospitality and retail, to start paying a living wage to workers as inflation continues to eat into incomes.

IIHC warns of chemical sector’s “new asbestos”

23 November 2023

The Investor Initiative on Hazardous Chemicals (IIHC) has warned chemical companies to quit production of PFAS chemicals, calling them the “new asbestos” for the sector.

FCA warns many firms not meeting SDR standards

17 November 2023

The UK Financial Conduct Authority (FCA) found many firms must improve their disclosures to meet the Sustainability Disclosure Requirements (SDR).

Minerva 2023 Proxy Review finds high uncertainty

16 November 2023

The Minerva 2023 Proxy Review will be published later this month highlighting the impact of the uncertain geopolitical climate has had on investor voting this year.

TPI publishes ASCOR framework

15 November 2023

The Transition Pathway Initiative (TPI) has released its Assessing Sovereign Climate-related Opportunities and Risks (ASCOR) framework, which assesses countries on climate change.

Businesses urge UK government to set out net zero strategy

10 November 2023

A coalition of UK businesses is calling on the UK Chancellor Jeremy Hunt to outline the government’s long-term net zero plan in his upcoming Autumn Statement.

FRC scraps ESG policies as audit reforms left out of government agenda

8 November 2023

The Financial Reporting Council (FRC) will drop several proposals related to ESG set out in its UK Corporate Governance Code after it was dropped from the government’s legislative agenda for the year ahead.

Subpoena issued to US shareholder activist organisation

7 November 2023

The US House Committee on the Judiciary has issued a subpoena to As You Sow, a shareholder advocacy group, for documents on its work relating to climate risk.

Boohoo investors launch lawsuit after modern slavery scandal

3 November 2023

Boohoo is facing a £100 million lawsuit from investors after modern slavery allegations wiped more than £1 billion from its value, according to reports.

NGOs urge EU policymakers to prioritise sustainable finance

3 November 2023

A group of over 20 NGOs coordinated by responsible investment charity ShareAction are calling on European policymakers to make sustainable finance a top priority in the 2024-2029 EU agenda.

ICGN supports public disclosure of remuneration policies

2 November 2023

The International Corporate Governance Network (ICGN) has backed calls by the Fair Reward Framework for companies to publicly disclose their executive remuneration policies.

A4S releases guide for managing nature risks

27 October 2023

Accounting for Sustainability (A4S) has published its recommendations for pension fund chairs and trustees to handle nature-related risks and opportunities.

Governance and stewardship news

Indiana injunction marks third court setback for proxy advisor restrictions