Insights for Institutional Investors I Minerva Blog

FCA delays SDR for second time

24 July 2023

The Financial Conduct Authority (FCA) has delayed publishing its final Sustainability Disclosure Requirements (SDR) until Q4 2023.

Republican-led FSC attempts to crack down on ESG

20 July 2023

The US congressional Financial Services Committee has begun investigating the rules that govern proxy voting, the processes through which activists apply pressure to public companies to adopt ESG goals.

Kenyan workers’ case to be heard in Scotland

14 July 2023

A Scottish court has ruled that it will allow a case brought by Kenyan farm workers against a major global tea firm to be heard in Scotland.

€2.1tn investor coalition forms to tackle digital harm

14 July 2023

A coalition of investment firms representing €2.1tn in AUM has launched to tackle digital harm, focusing on the largest companies in the media, Internet and gaming sectors.

TPR launches first trustee diversity survey

11 July 2023

The Pension Regulator (TPR) is calling on trustees to take part in its first diversity and inclusion survey, to build a clearer picture of the make up of UK boards.

ICGN calls for further changes to European Sustainability Reporting Standards

7 July 2023

The International Corporate Governance Network (ICGN) has called on the European Sustainability Reporting Standards (ESRS) to provide more support for investors to help them meet disclosure requirements.

US banking regulation bill gains bipartisan support

27 June 2023

Democrat senate banking chair Sherrod Brown has gained a rare level of bipartisan support for a bill designed to bring heavier regulation to the US banking sector.

UK proposes anti-boycott bill

26 June 2023

The UK government’s proposed legislation aimed at preventing local councils from imposing boycotts on Israeli goods is an attack on freedom of expression, according to civil society groups.

EFRAG calls for financial advisory panel members

26 June 2023

The European Financial Reporting Advisory Group (EFRAG) is seeking candidates for three advisory bodies to help develop sustainability reporting standards for the financial sector.

EU eases sustainability reporting rules

20 June 2023

The European Commission has introduced a series of proposed changes aimed at easing the burden on companies falling under the newly-widened remit of the European Sustainability Reporting Standards (ESRS).

FRC report highlights proxy research debate

19 June 2023

The Financial Reporting Council (FRC) has recently published an insightful analysis of the ESG ratings and proxy research market.

ESG rating providers face EU regulation

15 June 2023

The European Commission is introducing new rules for ESG rating providers as part of a package of regulations to extend its sustainable finance framework.

Financial Services and Markets Bill amended to include nature

14 June 2023

The UK’s House of Lords has added an amendment to the Financial Services and Markets Bill that adds nature to the upcoming regulatory principle on net-zero emissions.

DoL’s new ESG rule takes finger ‘off the scale’

8 June 2023

The Department of Labor’s new ESG rule does not tip the balance in favour of ESG investing, according to officials within the department.

CSDDD rule secures European Parliament approval

7 June 2023

The EU Corporate Sustainability Due Diligence Directive (CSDDD) has secured approval from the European Parliament.

Science Based Targets Network releases inaugural nature targets

2 June 2023

The Science Based Targets Network (SBTN) has issued the first science-based targets for how companies measure and quantify their environmental impacts.

Governance and stewardship news

SEC’s Tesla decision risks accelerating retail voting programme adoption