Asset owners are increasing pressure on carbon-intensive corporates, but divestment should be last resort.
Value Reporting Foundation aims to create “comprehensive” corporate reporting framework.
Increased voting and engagement needed to tackle under-representation at all levels.
Trade body offers support to asset managers and clients ahead of COP26.
Directors and auditors will be held accountable by investors if carbon-intensive companies do not deliver in five key areas.
Most companies failing to comply with EU Non-Financial Reporting Directive.
78% of executives across surveyed sectors worry climate risk could lose them their jobs over next five years.
Roadmap outlines staggered compliance timetable for UK asset owners and financial institutions.
Industry discussion is needed on portfolio metrics ahead of COP26, argues ex-BoE governor.
Ratings agency puts case for integration of ESG risks into financial reporting using “common set of internationally comparable metrics”.
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