Pre-engagement study on labour rights in food supply chains
Labour rights issues in food supply chains are crucial matters to investors, both in terms of compliance with international human rights norms and national legislation, and from the material point of view of securing future supplies. With this background, GES, in collaboration with AP7, The Seventh Swedish National Pension Fund, conducted a pre-study to provide input for the development of a new engagement initiative.
5G and Industry 4.0: Enabling Efficient and Resilient Infrastructure
There is significant hype associated with the rollout of 5G networks, which is largely tied to the incredible data transfer speeds 5G capable networks can offer. However, speed is only part of the equation. Beyond speed, key attributes of 5G also include lower latency, reduced cost per gigabyte and larger connection volumes. 5G, unlike previous network technology, will be software-defined, enabling networking functionality to be flexible and adaptable over time.[i] As a result, 5G is anticipated to create a new digital backbone to power future infrastructure needs – a topic we explored in Sustainalytics’ report, 10 for 2020: Creating Impact Through Thematic Investing.
Coronavirus: Flattening the Misinformation Curve
In February 2020, the WHO Director-General Tedros Ghebreyesus said misinformation about COVID-19 is just as dangerous as the virus itself. “We are not just fighting an epidemic; we are fighting an ‘infodemic.’ Fake news spreads faster and more easily than the virus and is just as dangerous.”[i]
EU Sustainable Finance Action Plan: Final Taxonomy Report Published and Other Developments
The highly anticipated final report by the TEG (Technical Expert Group) on the EU Taxonomy was published in early March, followed by a stakeholder information session. You can read our blog post on last fall’s developments here.
Coal Investments: Up in Smoke?
Growing public concern over climate change is pushing investors to increasingly assess how their portfolios are pivoting to a low carbon economy. Because of its large carbon footprint, the coal industry is a prime target of environmental activism and divestment campaigns, and it is becoming the investable hot potato few want to hold.
German Corporate Governance Standards Overhauled
The legal and regulatory foundations of Germany’s corporate governance system are being overhauled in the form of far-reaching changes to the German Stock Corporations Act (AktG) and the German Corporate Governance Code (Kodex). As a result, institutional investors should expect enhanced transparency from German issuers, as well as stronger rights enabling them to effectively exercise their stewardship responsibilities. The reform reflects both the transposition of the EU Shareholder Rights Directive II (SRD II) into domestic law and a corresponding Kodex revamp, both aiming to incorporate governance features that are more typically associated with Anglophone jurisdictions.
EU Action Plan Guidance Document
The proposed Taxonomy is a classification tool to help investors and companies make informed investment decisions on environmentally friendly economic activities. It is a list of economic activities, which defines performance criteria for six environmental objectives.
An investment firm that puts sustainability at the heart of the company
Econopolis combines financial analysis with its qualitative evaluation of management and macro-economic themes to construct a portfolio that it believes will be competitive and sustainable in the long term. Their qualitative approach to ESG presented them with two challenges: How can they measure their ESG performance against that of other leading responsible investors? And, how can they reassure clients that their approach is credible?
Taking responsibility through the consideration of ESG factors and Global Compact Principles
Placing its clients’ interests centre stage, ABN AMRO understands the importance of delivering optimum service and offering transparent and simple products, while remaining at the forefront of technological developments and innovative solutions for client convenience. As part of its fiduciary duty and as a bank that commits to the United Nations-supported Principles for Responsible Investment, ABN AMRO has a detailed plan for ESG integration, engagement and sustainable investing.
Preparing for a sustainable future through ESG investment and engagement
ING Wholesale Banking (WB) is the commercial banking business of ING Bank N.V. Using a forward-looking financing approach that incorporates environmental, social and governance (ESG) considerations, ING WB provides banking services for large, multinational corporate clients, banks, insurance companies and other institutional investors.
Emerging Markets Equities: Key Sources of ESG Risk
Based on our analysis, we find that investors in the FTSE Emerging Index are exposed to over 14 percent more unmanaged ESG risk than those in the FTSE Developed Index. The ESG risk gap between these indices is largest on the issue of data privacy and security. In addition, investors in select equity markets, such as China, may face a trade-off between chasing higher economic growth and mitigating portfolio ESG risk.
Combatting Child Labour: Investor expectations and corporate good practice
GES has engaged the cocoa industry for many years to increase its effort in tackling the issue of child labour. As a part of its long-term engagement, GES published its second public report on the issue, including investor expectations and a corporate benchmark of leading cocoa and chocolate companies.