ShareAction calls for institutional investors to do more to address UK poverty

Institutional investors must do more to reduce in-work poverty and improve the quality of work in the UK’s private sector, according to a report published by ShareAction.  The report evaluates the potential of investor-led strategies to address inequality and protect the economic interests of low paid beneficiaries.
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PRI launches guide for institutional investors to integrate ESG strategies

The United Nations-led PRI (Principles for Responsible Investment) has published a guide which it said is the most comprehensive description to date of what ESG (environmental, social and governance) -integrated analysis is, and which explains how it works in practice.

The guide contains information and case studies on integration techniques that apply to investment strategies including fundamental, quantitative, smart beta and passive investment.… Read the rest

Institute of Directors ranks FTSE100 companies on their corporate governance performance

British American Tobacco has topped a ranking by the UK’s Institute of Directors (IoD) of FTSE100 companies by their corporate governance performance. The other companies in the top five are Unilever, Diageo, Sage Group and Next.

The 2016 Good Governance Report  measured the companies using a list of objectives, measurable factors drawn from public sources and by conducting a survey of stakeholders’ perceptions of corporate governance to produce a final score.… Read the rest

New Zealand stock exchange requests comments on amended corporate governance code

NZX, the New Zealand stock exchange, has published a draft revised corporate governance code (NZX Code) and feedback to its earlier consultation on the changes required. This is the  first substantial update to the NZX Code since 2003.

The key changes to the code relate to environmental, social and governance (ESG) reporting, diversity reporting and executive remuneration disclosures.… Read the rest

Vietnam develops corporate governance code

IFC, a member of the World Bank Group and the State Securities Commission of Vietnam (SSC) are working together to develop a corporate governance code for its listed companies. The IFC believes that the development of code will help Vietnamese companies attract more capital and make them more competitive in an environment of increasing regional economic integration.… Read the rest