Governance and stewardship news

The Taskforce on Nature-related Financial Disclosures (TNFD) has launched a nature-related Data Catalyst to address data challenges and gaps identified in its March 2022 TNFD’s Data Landscape Discussion Paper.

TCFD alignment is set to be mandated as pensions minister Guy Opperman highlights stewardship as key in unlocking sustainable investment

The SEC’s amendments to the Trump administration's 2020 rules only partially addresses investor concerns over attacks on independence of proxy voting advice

Capturing a gender perspective in the directive would make a significant contribution to protecting women’s rights and advancing gender equality, according to BCAM

The European Parliament has rejected a motion to oppose the inclusion of gas and nuclear energy generation as an environmentally sustainable economic activity.

Legislatures around the world are become increasingly aware of Strategic Lawsuit Against Public Participation (SLAPP) techniques being used by individuals and companies, and are seeking methods of combating the practice, according to research by law firm Leigh Day.

Guy Opperman, the longest-serving minister for pensions resigned yesterday shortly before Boris Johnson announced his own resignation. Opperman made his motive clear on Twitter, stating it "has been an honour, and a great responsibility to serve as a minister but we need leadership change, and I have resigned."

Not-for-profit industry body Global Principles for Sustainable Securities Lending (Global PSSL) has welcomed an executive expert from the Central Bank of Eswatini to act as a peer reviewer on its project to support the United Nations Pathways.

Net-zero plans have come to saturate both business and political news on all levels, from independent stores and local councils to major transnational corporations.

After more than two years of delays, the UN's Biodiversity Summit is back on the international agenda.

The European securities markets watchdog has identified a lack of transparency around methodologies of ESG ratings and providers, as well as insufficient granularity of data.

The Taskforce on Nature-related Financial Disclosures (TNFD) has released the second beta version of its prototype risk management and opportunity disclosure framework (v0.2).

The independent Climate Change Committee (CCC) has published a new Progress Report, which has flagged “major failures” in delivery programmes toward the achievement of the UK’s climate goals.

A code of conduct for UK directors has been proposed by the Institute of Directors (IoD), as part of a recent policy paper published by the body.

UK pensions will soon be made to disclose information about how their investments align with climate targets, following new regulations from the UK’s Department for Work and Pensions.

Minerva's very own Paul Hewitt has been featured in the latest episode of a new podcast by Global Systematic Investors (GSI). Take a listen to Paul as he discusses Active Ownership for passive investors with journalist and investor advocate Robin Powell.