Corporate Human Rights Benchmark launched

Corporate Human Rights Benchmark launched

The Corporate Human Rights Benchmark for 2017 has been revealed the performance results of the world’s leading companies in its publication this week.

The benchmark assesses 98 of the largest publicly traded companies in the world on 100 human rights indicators.… Read the rest

US investors secure climate risk commitment from BlackRock

US responsible investment investors have secured a greater commitment from asset management giant BlackRock that it will be engaging with its investee companies on climate risk. The group hopes that this could also mean BlackRock supports some climate change shareholder resolutions during the 2017 proxy voting season.… Read the rest

Responsible investment disclosures: mind the European gap

Responsible Investment disclosure quality varies greatly

Despite being signatories to the Principles for Responsible Investment, the RI disclosures of Europe’s largest asset managers are extremely varied in quality, according to new research by advocacy group, ShareAction.

ShareAction rated the disclosures of 40 leading fund managers which collectively invest over €21 trillion (£18 trillion) on behalf of pension schemes, charities, universities, and individuals across the world. … Read the rest

UK auto enrolment pension provider NEST responds to climate change

responsible investment green money trees

The UK auto enrolment pension scheme provider NEST has adapted its investment approach so that its default fund is invested in a new fund that responds to the challenge of climate change. This will be managed by UBS Asset Management and has been developed in partnership with the NEST in-house team.… Read the rest

OECD due diligence for the garment and footwear sector launched

OECD due dilience garment footwear guidance

The Organisation for Economic Co-operation and Development  (OECD ) has published its due diligence guidance for responsible supply chains in the garment and footwear sector in line with the OECD Guidelines for Multinational Enterprises (MNE guidelines)  and UN Guiding Principles on Business and Human Rights.… Read the rest

London Stock Exchange Group publishes ESG guidance

LSEG ESG guidance

The London Stock Exchange Group (LSEG) has issued guidance, through its Global Sustainable Investment Centre, setting out recommendations for good practice in Environmental, Social and Governance (ESG) reporting.

The LSEG said that the global guide responded to demand from investors for a more consistent approach to ESG reporting, which it said is now a core part of the investment decision process.… Read the rest

UK’s industrial strategy: low-carbon economy

ESG experts

The UK government has published a green paper outlining its proposed industrial strategy which includes a commitment to developing clean energy and a move to a low-carbon economy.

The consultation document proposes a strategy  designed to improve the country’s economy in the future and is based on ten pillars.… Read the rest

Japan: sustainability reporting needs improvement

JPIF Headquarters

JPIF has high hopes of sustainability reporting

The Japanese Government Pension Investment Fund (GPIF) recenlty tweeted about the “excellent” integrated reporting of some of the country’s firms. However, Manifest’s analysis shows that sustainability reporting in Japan is falling short of many investors expectations.… Read the rest

WEF Davos: UN SDGs can improve global business behaviour

WEF Davos 2017 hears about SDGs

Companies should adapt their business models to be at the service of the UN’s sustainable development goals (UN SDGs) according to Paul Polman, chief executive of Unilever speaking at the annual meeting of the World Economic Forum in Davos last week.… Read the rest

US firms and investors call on Trump to tackle climate change

Lars Petersson, CEO of IKEA-USA

A coalition of 530 US companies and 100 institutional investors have called on President-elect Donald Trump and politicians in Congress to embrace a low carbon economy and tackle climate change ahead of Trump’s inauguration later this month.

In a statement, which is also addressed to the the outgoing President Obama and global leaders, the signatories said they re-affirmed their deep commitment to addressing climate change through the implementation of the Paris Climate Agreement.… Read the rest