ESG Archive

Jun 17, 2019
How California’s public companies are responding to the women on boards quota
Quotas are controversial. Nobody likes being told what to do, least of all directors of public companies. Politically imposed quotas are especially controversial in the US, where debate around the government’s role in public life extends to much more fundamental issues such as healthcare and public safety. But against this backdrop last year, California’s then governor, Jerry Brown, signed a bill into state law on October 1, 2018 mandating that public companies ...
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Jun 17, 2019
The Vanguard of ESG engagement
When Adrienne Monley started in the stewardship arm of Vanguard in 2015, as a leader on the US side, there were around a dozen people working in the team. That has since tripled in size and Monley moved to London in January 2018 to hire and establish a new stewardship team with a specific focus on European firms. ‘This globalization has been very deliberate on our part...
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Jun 13, 2019
Most large firms have ESG communications team, reveals new report
With the drive toward greater ESG measurements within the investment world, most larger companies now have a sustainability team responsible for ESG communications, according to the ESG & Investor Engagement report published jointly by IR Magazine and online sister publication Corporate Secretary. The report also finds that there is a broad mix of companies that r...
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Jun 06, 2019
ESG & Investor Engagement report now available
The latest report from IR Magazine is an analysis of how corporate professionals and investors engage on ESG issues. Based on the responses of around 200 IR professionals, more than 150 members of the investment community and more than 100 corporate governance professionals, the report breaks down the data by region, market cap size and sector. This report investigates how companies report on ESG matters and what ESG-related interactions do they have with i...
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Jun 05, 2019
UK government creates Impact Investing Institute
The UK government has helped create the Impact Investing Institute to look for more effective ways for investors to combine financial returns with a social purpose, and help to establish the UK as a global impact-investing hub. The institute brings together the UK National Advisory Board on Impact Investing and the Implementation Taskforce, and is led by the two organizations’ respective chairs: Sir Harvey McGrath, former chair of the Man Group, who becomes chair ...
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Jun 04, 2019
Hervé Duteil’s search for meaning: Ticker 103
This episode of The Ticker podcast comes to you from the Citadel Securities trading post on the floor of the NYSE. Six years ago, after almost two decades as a successful derivatives trader, Hervé Duteil asked for a demotion. Now, as chief sustainability officer at BNP Paribas Americas, New York-based Duteil has become one of finance’s most influential disruptors. How did he do it? ‘By ...
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Jun 03, 2019
New ESG scoring system aims to build sustainable markets
State Street Global Advisors (SSGA) has developed a system for scoring companies on ESG practices that aims to help boost the ESG narrative in capital markets. ‘R-Factor will benefit understanding of ESG issues on the part of both companies and investors,’ Rakhi Kumar, head of ESG investments and asset stewardship at SSGA, tells IR Magazine. ‘It puts companies in the driver’s seat. The transparent materiality frameworks offer clarity on the actions ...
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May 29, 2019
Global initiative aims to transform financial system with ESG focus
The OECD, World Bank and the UN Environment Program have united to call for an overhaul of the financial system, revising and rethinking global financial structures, placing sustainable finance at the center and calling for global coordinated technology and digitization. The three bodies are working together on an agenda for governments across the globe to align financial flows with global climate and development goals, which is what signatories to the Paris Agreeme...
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