UK - British mining and utility firms have improved their management of biodiversity-related risks, a new report shows.
The report – a culmination of Insight Investment’s biodiversity and extractives programme – assessed companies under four main groups: governance structures, policy and strategy, management and implementation, and assurance and reporting.
Investor responsibility director Kerry ten Kate said: “Building shareholder and natural value are not mutually exclusive and are in fact interdependent.
If extractive and utility companies do not follow the highest standards with respect to biodiversity, we fear there will be long-term risks to revenues.”
The proposed cold-calling ban may be ineffective if a collaborative regulatory approach between the UK and the European Union (EU) is not maintained post-Brexit, the Pensions Management Institute (PMI) has warned.
Some 56% of defined contribution (DC) asset managers do not believe they will have transaction cost information in time for pension funds' March year-end statements, according to Lane Clark & Peacock (LCP) research.
NEST has appointed Clive Elphick, Martin Turner, Mutaz Qubbaj and Chris Hitchen as trustee members of its reshaped board.
Most people want to avoid investing in projects that contribute to climate change, and would consider moving to another less-exposed provider, according to a survey commissioned by ClientEarth.