Voting & engagement

The latest developments in sustainable finance: Nuveen and Sumitomo Mitsui Asset Management among new UK stewardship code signatories; Oklahoma judge permanently halts energy boycott law.

Investors pre-declaring voting intentions instinctively feels like a positive move, but there could be risks of unintended consequences if not done in a consistent way.

Concerns raised that current definition of stewardship goes beyond long-term value creation, says UK regulator’s head of stewardship, as broader review continues.

Asset owners can play a crucial role as 'change agents' to revitalise stewardship and drive climate policy engagement, writes Leanne Clements.

The regulator will also clarify recent legislative changes around shareholder engagements.

Manager building team for new service, which will engage and vote with a greater focus on climate and sustainability topics.

Amundi’s head of proxy voting, Edouard Dubois, believes filers are getting savvier and craftier.

California pension fund also issues warning to asset managers on voting.

After consultation feedback flagged ‘challenges’, the governance network will revert to more ‘principles-based’ approach in updated global stewardship principles.

NBIM, the New York City Comptroller and Storebrand also back circular economy proposal at beverage firm.