Pioneering Sustainable Asset Management Through ESG   The field of asset management is experiencing a paradigm shift, moving away from a sole focus on financial returns to include Environmental, Social, and Governance (ESG) considerations. ESG Pro Limited stands at the forefront of this transition, offering innovative solutions to integrate ESG standards into every stage of the asset lifecycle. The Challenges…

New framework outlines targets for institutional investors to take decisive action on nature risks and impacts. A new framework developed by the Finance for Biodiversity (FfB) Foundation aims to promote consistency among asset owners and managers in their approach to supporting the goals of the Kunming-Montreal Global Biodiversity Framework (GBF).     “This is a milestone initiative under the FfB…

Customer Service Policy and Complaint Mechanism 1. Introduction At ESG Pro, we are committed to providing exceptional service and products. We believe in the value of feedback, both positive and negative, as it helps us to improve and evolve. Our customer service policy and complaint mechanism is designed to ensure that all feedback is handled efficiently and effectively. 2. Avenues…

Dr Anthony Kirby, Head of Regulation and Risk for Asset Management and Capital Markets in Europe at EY, says the materiality of social issues to enterprise value will drive deeper integration. The first part of this article considered key social themes influencing investors and regulators – human and worker rights, diversity and inclusion, health and safety among them – while…

Investor Coalition for Equal Votes finds financial disadvantage in dual-class shares, as regulation on shareholder rights mooted at London conference.    A US$2.5 trillion pension fund coalition has called for the phase out of unequal voting rights for shareholders at companies, as concerns were raised at this week’s Pensions and Lifetime Savings Association (PLSA) ESG conference on the level of influence…

On 28 November 2023, the UK’s Financial Conduct Authority (“FCA“) published its “Sustainability Disclosure Requirements (“SDR“) and investment labels” policy statement (PS23/16) (the “Policy Statement“). The Policy Statement introduces a set of new rules aimed at tackling greenwashing, including investment product sustainability labels and restrictions on how terms like “ESG”, “green” and “sustainable” can be used. Continue reading at Mayerbrown.com….

The investor-led initiative has appointed six new members to accelerate the implementation of credible transition plans, following phase two launch.   Climate Action 100+ (CA100+) has increased investor representation on its global steering committee, adding Phoenix Group Head of Stewardship Valeria Piani alongside five others to further expand its geographic experience and expertise.  The committee is comprised of CEOs and…

Anti-greenwashing rules and guidance may become “diamond standard”.  Anti-greenwashing guidance proposed by the UK Financial Conduct Authority (FCA), as well as the promise of extending the finalised Sustainability Disclosure Requirements (SDRs) to pension products, has been welcomed by the investment industry.  First outlined in the UK government’s ‘Greening Finance: A Roadmap to Sustainable Investing’ report in 2021, the much-delayed SDR package…