ESG Monthly archive

Feb 28, 2019
Comment: Companies must look beyond climate to assess real eco risk to business
Earlier this month a report from UK think tank the Institute for Public Policy Research (IPPR), dramatically entitled This is a Crisis, warned that human impacts on the planet’s ecosystems have reached a critical point, creating a real risk of environmental breakdown. One of the key messages of the report that should resonate with IR professionals is that negative impacts go be...
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Feb 26, 2019
EC launches consultation on climate reporting for large listed companies
The European Commission (EC) has launched a consultation to finalize new guidelines for large listed companies reporting climate-related information. It proposes ways to assess how climate change can impact the financial performance of companies and how firms can have positive and negative impacts on the climate. The new guidelines, intended for use by large listed companies with more than 500 employees, builds on the report published last month by the Techni...
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Feb 22, 2019
Private equity firms ramping up ESG integration, study finds
Private equity firms are increasingly considering the ESG impact of their investment before pumping money into a company, according to a PwC survey. The survey finds that investors are tuning into the fact that steering sustainable business practices through responsible investment can drive financial returns.   For the fourth edition of its – ‘The Private Equity Responsible Investment Survey 2019’ – report, PwC polled 162 finance companies from 35 co...
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Feb 18, 2019
Investor Forum welcomes new stewardship code consultation
The UK’s Financial Reporting Council (FRC) consultation on a new stewardship code mostly hits the right notes, according to institutional investor organization the Investor Forum.   Andy Griffiths, executive director at the Investor Forum, tells IR Magazine: ‘The proposed revision of the code is very much welcomed given both the appetite among asset owners and the increasing focus of asset managers on stewardship activities. Importantly, our members ch...
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Feb 15, 2019
Investors put focus on board diversity for 2019 proxy season
More than half (53 percent) of investors say board diversity is top of mind going into the coming proxy season, according to the 2019 Proxy Season Preview report from the EY Center for Board Matters. The survey of more than 60 institutional investors, with assets under management of $32 tn, shows investors are increasingly focused on board composition. This year’s figure of 53 percent saying the issue should be a top board focus is up from a third three years ago....
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Feb 14, 2019
Earnings calls increasingly mention plastic waste
Investors are looking deeper into company ESG performance, with MSCI suggesting that firms’ use of plastic is coming under greater scrutiny.  The mention of plastic waste in earnings calls increased by 340 percent in 2018, compared with the previous year, according to MSCI research. The index provider predicts that 2019 will see many organizations forced to deal with the reality that their investors view excessive use of plastic as a business risk. The dis...
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Feb 13, 2019
UK companies could learn from US on CEO pay
UK companies have an opportunity to learn from US counterparts on CEO pay ratios, according to a leading US compensation consultancy. This comes since the introduction of new rules in the UK after similar rules were introduced in the US by the SEC last year.   Marc Hodak, a partner at US-based executive compensation consultancy Farient Advisors, ...
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Feb 12, 2019
Investors want more ESG information from companies
Institutional Investors continue to want more information from companies about board composition and business strategy and how these relate to ESG issues, according to Morrow Sodali’s annual Institutional Investor Survey. Summing up the survey’s findings, Morrow Sodali chairman John Wilcox tells IR Magazine that not only must companies meet governance and compensation best practice standards set by proxy advisers but they must also focus on four areas....
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Feb 11, 2019
How to respond to the ESG spotlight
Evidence of the link between investment returns and companies’ ESG commitments is mounting exponentially, showing that ESG should no longer be viewed as a fad and fueling scrutiny from asset managers. With this in mind, Curley Global IR (CGIR) in 2018 conducted research into ESG-related issues such as sustainability definitions, materiality and disclosure, issuer engagement and perspectives on current best practices. CGIR’s data derives from detailed discussions...
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Feb 08, 2019
FTSE Russell launches ESG-focused index
HSBC has signed a license agreement to launch FTSE Russell’s new ESG-focused index, in response to growing demand. The FTSE UK 100 ESG Select Index, designed to help investors incorporate ESG objectives into their passive investments, will form part of the bank’s portfolio of ESG-focused equity products. It uses rules-based ESG ratings and data models to select companies for inclusion. According to FTSE Russell, the ESG ratings and data models contain mor...
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