ESG

How will the regulator’s proposed ‘consumer duty’ rules differ from the ‘treating customers fairly’ regime?  We have yet to see the FCA’s draft proposals, which are expected to come into force next...

Climate change and the road to net zero have been the key drivers for the massively increased focus on environmental, social and governance (ESG) investing in pensions. But there are numerous other factors driving ESG up the pensions...

XPS Pensions Group has become net carbon neutral by offsetting the carbon emissions across its entire value chain, in a drive to be a more sustainable business. These offsets cover the group’s...

There is no evidence of a sustainability “bubble” with climate repricing having further to run as European investors look to ramp up sustainability focus in portfolios, according to research from BlackRock. Research...

In late September the UK government launched its first green gilt, raising £10bn from institutional investors in the process. This was a watershed move by the UK government and there is plenty of...

The FCA’s proposals on a new consumer duty come after several years of debate and deliberation. It stops short of imposing a fiduciary duty on financial services firms, but certainly raises expectations...

Customers continue to express a strong interest in ESG issues, but ultimately financial return is their top priority, with one in five refusing to participate in sustainability if it jeopardises their return,...

Over the next three years Scottish Widows will invest betwen £20bn and £25bn in companies that are pro-actively tackling climate change. The pensions and investment company says this includes at least £1bn...

Bulk annuity providers are the latest financial services companies to be taking steps to improve their ESG procedures. Willis Towers Watson’s annual bulk annuity survey found of all eight providers had taken...

LifeSight master trust will invest almost $1bn (£734m) into a new climate transition index fund, which aims to rate individual companies on their ability to shift towards a low carbon economy. This fund...