Disclosure framework will offer asset owners needed insights that will underpin their stewardship efforts. A new reporting template is set to offer asset owners increased visibility of their external asset managers voting behaviours. The Vote Reporting Group (VRG), first established by the Financial Conduct Authority in 2022, has finalised a voluntary and standardised vote reporting template for asset managers…
EU Parliament’s Omnibus Battlelines Emerge
Investors urged to speak out to avoid “highly politicised and bitter divide” thwarting ten years of hard-fought progress. Divisions within the European Parliament are becoming increasingly clear over the Commission’s (EC) proposed omnibus, with a decision needing to be made on whether to twist to the left or the right. The omnibus, unveiled at the end of last month, looks…
EU Parliament’s Omnibus Battlelines Emerge
Investors urged to speak out to avoid “highly politicised and bitter divide” thwarting ten years of hard-fought progress. Divisions within the European Parliament are becoming increasingly clear over the Commission’s (EC) proposed omnibus, with a decision needing to be made on whether to twist to the left or the right. The omnibus, unveiled at the end of last month, looks…
Take Five: Carney Holds the Cards
A selection of the major stories impacting ESG investors, in five easy pieces. Shifting dynamics in North America could offer an opportunity to keep climate on the global political agenda. Green credentials – Mark Carney’s elevation, last Sunday, to the role of Canadian Prime Minister has been largely characterised as a challenge to his southern neighbour, US President Donald Trump,…
Take Five: Carney Holds the Cards
A selection of the major stories impacting ESG investors, in five easy pieces. Shifting dynamics in North America could offer an opportunity to keep climate on the global political agenda. Green credentials – Mark Carney’s elevation, last Sunday, to the role of Canadian Prime Minister has been largely characterised as a challenge to his southern neighbour, US President Donald Trump,…
AI and ESG: Part Two: Risk and Governance
Institutional investors need to grasp its E, S and G risks quickly to use and invest in AI effectively, says Lorenzo Saa, Chief Sustainability Officer of Clarity AI. The potential rewards of AI are enormous, but they do not come risk-free. Just as smoke alarms safeguard our homes, the modern economy needs to install early warning systems and guardrails that…
AI and ESG: Part Two: Risk and Governance
Institutional investors need to grasp its E, S and G risks quickly to use and invest in AI effectively, says Lorenzo Saa, Chief Sustainability Officer of Clarity AI. The potential rewards of AI are enormous, but they do not come risk-free. Just as smoke alarms safeguard our homes, the modern economy needs to install early warning systems and guardrails that…
AI and ESG: Part Two: Risk and Governance
Institutional investors need to grasp its E, S and G risks quickly to use and invest in AI effectively, says Lorenzo Saa, Chief Sustainability Officer of Clarity AI. The potential rewards of AI are enormous, but they do not come risk-free. Just as smoke alarms safeguard our homes, the modern economy needs to install early warning systems and guardrails that…
Rio Tinto Signs Solar and Storage Deal to Power Aluminum Operations
Mining giant Rio Tinto announced a new deal with renewable energy firm Edify Energy to supply reliable low-carbon electricity to power aluminum production operations in Queensland, Australia. Rio Tinto is one of the world’s biggest producers and processors of iron ore, copper, aluminum and a range of other minerals and materials. The company has committed to reduce its operational Scope…
EU Omnibus Creates Significant Legal Uncertainty
The bloc’s simplification agenda is set to impede companies’ compliance with its sustainability reporting framework, warns Maria Cronin, Partner at Peters & Peters. On 26 February the European Commission (EC) published detailed legislative proposals on the sustainability omnibus package. These proposals confirmed concerns that the envisaged measures were not limited to simplifying existing and incoming EU corporate sustainability reporting requirements,…