Tag: ShareAction

ShareAction launches new series of guidance manuals to raise responsible investment best practice

Stuart Mitchell

ShareAction, the responsible investment charity, is today publishing the first in a series of guidance manuals that set out standards and expectations for responsible investment practices by asset managers across specific topics. This follows the launch last week of the charity’s ambitious new definition for responsible investment, which calls on institutional investors to take responsibility for the adverse real-world impacts of their investments on society and the environment. It describes four key principles for responsible investment: transparent, embedded consistently across all activities, considers negative and positive impacts on people and…

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ShareAction challenges finance sector to adopt ambitious new definition of ‘responsible investment’

Stuart Mitchell

ShareAction, the charity campaigning for responsible investment, has today launched a new definition of ‘responsible investment’ in a bid to raise standards across the financial sector and help prevent greenwashing and misleading claims. This definition represents a step-change in ambition beyond ESG investing and actively calls on institutional investors – pension funds and other asset owners, asset managers, insurers and banks – to take responsibility for the real-world impacts of investments on people and planet. ShareAction has identified systemic issues holding back the investment industry’s potential to act on pressing…

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Europe’s largest banks falling short on climate and biodiversity action

Stuart Mitchell

ShareAction, the UK’s leading responsible investment NGO, has today issued a major report into Europe’s top 25 banks and their approaches to tackling climate change and protecting the world’s natural habitats. The report, In Debt to the Planet, identifies some improvements in banks’ climate and biodiversity strategies since ShareAction’s last survey in 2020, but reveals that Europe’s top banks still have a long way to go to meet internationally agreed standards to deal with the global climate crisis, cut carbon emissions, and safeguard the planet’s vital ecosystems. Despite all 25…

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Global investor alliance managing $5.7 trillion unites to improve population health

Stuart Mitchell

Thirty five investors managing over $5.7 trillion have come together in a new alliance committed to building healthier, fairer societies. The Long-term Investors in People’s Health initiative, led by ShareAction and supported by The Health Foundation and Guy’s & St Thomas’ Foundation, is uniting asset managers and asset owners who want to prioritise population health. Investors have an enormous influence on people’s health through the companies they invest in – which shape the physical and mental health of workers, customers, and wider society. Yet most investors are overlooking health as…

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$1.6tn investor group sets sights on chemicals decarbonisation

Stuart Mitchell

Responsible investment NGO ShareAction has convened a $1.6tn group of investors to step up shareholder engagement with the chemicals sector, responsible for over 5.8% of global greenhouse gas (GHG) emissions.  Despite its importance for climate change, ShareAction say that the sector has been largely untouched by shareholder engagement. For example, CA100+, the world’s largest investor initiative on climate change, lists just seven chemicals companies on its focus list of 167 companies. And just two of those – Air Liquide and LyondellBasell Industries – saw any public discussion of climate change…

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