FRC consults on update to UK corporate governance code

Company board’s ESG responsibilities are being addressed in the Financial Reporting Council (FRC)’s public consultation into the UK corporate governance code. The FRC announced it has launched the consultation in response to the UK government white paper Restoring Trust in Audit and Corporate Governance, which flagged potential areas for reform with a focus on directors’ … Read more

Climate litigation predicted to increase

Legal cases over climate change are expected to increase as a result of recent and ongoing European legislation, according to researchers at the London School of Economics (LSE). In a policy report, Climate change law in Europe: What do new EU climate laws mean for the courts?, the researchers recommend bringing stakeholders together in the … Read more

Investor network urges US fast food giants to tackle bacteria threat

The $70trn-backed Fairr investor network is once again targeting engagement at fast food companies, asking them to disclose a set of information related to antimicrobial resistance (AMR). The engagement will target 12 US fast food restaurant companies, many with a global reach, including McDonalds, Yum! Brands (owners of KFC and Pizza Hut) and Restaurant Brands … Read more

LOIM launches electrification fund

Lombard Odier Investment Managers (LOIM) has launched another themed strategy focused on electrification. The firm, which launched a New Food Systems and Plastic Circularity strategies last year and a Natural Capital Fund in 2020, has brought to market the Future Electrification product run by Paul Udall (pictured). He is supported by junior portfolio manager Peter … Read more

Financial advisers are crucial in helping clients understand sustainable investing

Many advice firms remain confused about the “art of sustainable investment”. Building sustainability into their advice is more difficult than it should be. Hopefully, regulation and industry momentum will rectify this in time. We all know, however, that time is most definitely of the essence. If clients want to retire into and travel around a stable, … Read more

ISS teams up with Qontigo to launch Biodiversity Index Suite 

Investors looking to reduce the biodiversity footprint of their portfolios are one step closer, with the release of the ISS STOXX Biodiversity Index Suite. Advisory firm Institutional Shareholder Services (ISS) and index creator Qontigo joined forces to build a suite of eight indices that screen companies deemed to inflict significant harm to biodiversity or that … Read more