ESG Monthly archive

Feb 21, 2020
Talent is key to corporate success, investors say
Institutional investors see talent management and climate change as the stand-out issues factoring into companies’ strategic success, according to new research. Asked which factors are critical to their portfolio issuers’ fate over the next three to five years, almost two thirds (64 percent) point to talent management – in reference to the workforce as a whole – and 56 percent cite environmental issues/climate change. Corporate culture and board composition ...
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Feb 18, 2020
TCFD climate reporting initiative passes 1,000 supporters
The number of organizations signed up to the recommendations of the Task Force on Climate-related Financial Disclosures (TCFD) has increased fourfold since 2017, with banks signing up at the highest rate. The Bank of England-backed climate initiative has secured more than 1,000 issuers’ and investors’ signatures as climate change poses an increasing financial risk, according to a statement issued by TCFD. In an effort to increase transparency on climate-r...
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Feb 17, 2020
The coming wave of climate reporting: Ticker 111
This episode of The Ticker podcast comes to you from the Citadel Securities trading post on the floor of the NYSE.  IR Magazine’s Jeff Cossette talks with Richard Mahony, senior director at Gargiulo + Partners, about the state of climate disclosure among US companies and the growing influence of the Task Force on Climate-related Financial Disclosures (TCFD). Listen to the podcast re...
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Feb 11, 2020
UK public companies lack ethnic diversity at board level
UK regulator the Financial Reporting Council (FRC) has urged companies listed on the London Stock Exchange to increase the number of non-white directors, chairs and CEOs as a majority of firms have not met the Parker Review target of having at least one director of color on their boards, according to the latest FRC report on ethnic diversity at board level. According to the study, 59 percent of companies in the FTSE 350 did not meet the target of having at least one...
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Feb 11, 2020
Guest article: Welcome to the decade of the investor
These are exciting times, in which investors are not only affecting the market cap of traded companies, but also influencing corporate behaviour and even having a hand in determining which companies will continue to exist at all Finance is the fundamental resource without which no business can survive. Businesses have long recognized the importance of keeping their investors happy, and that doing so requires more than delivering a healthy financial return. In...
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Feb 05, 2020
SSGA to get tough with boards lagging on ESG
State Street Global Advisors (SSGA) is running out of patience with boards that are not taking account of important ESG issues. In a January 28 letter to directors, SSGA chief executive Cyrus Taraporevala warns that starting this proxy season the asset manager ‘will take appropriate voting action against board members at companies in the S&P 500, F...
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Feb 05, 2020
Investors getting serious about climate risk
Last year a group of 88 investors with combined assets totaling $9.8 tn supported CDP’s Non-Disclosure Campaign (NDC) to call on nearly 700 companies to disclose environmental information. The investor group has pushed for greater transparency from companies about issues such as climate change, water security and deforestation at companies it sees as having high levels of environmental impact.  Global environmental platform CDP launched the NDC in 2017, wi...
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Feb 04, 2020
How AT&T tailors ESG reporting to its audience
AT&T has been reporting on its ESG performance for the last 12 years. And just as the focus on ESG among investors and companies has grown and evolved, so too has AT&T’s approach to reporting on the issues involved – notably by creating a modular disclosure structure that enables different stakeholders to take information at the level of detail they need. At the top of the reporting triangle is the company’s corporate responsibility summary, which give...
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