Did you mean esa?
Caroline Flint: ...about responsible tax strategies. Its website defines its mission as follows: “Responsible investment is an approach to investing that aims to incorporate environmental, social and governance (ESG) factors into investment decisions, to better manage risk and generate sustainable, long-term returns.” Its guidance for dialogue with firms includes the following observation: “An...
Nick Gibb: Today I am confirming the school and early years funding allocations for 2018-19. This announcement covers the Dedicated Schools Grant (DSG), the Education Services Grant (ESG) protections for academies, and the Pupil Premium. This is supported by the additional £1.3bn for schools and high needs over the next two years that the Secretary of State for Education announced in July. As...
Phillip Lee: ... CLEAR DRAINS (UK) LTD Drainage DIAL A ROD ENGINEERING SERVICES LIMITED Drainage DELRON SERVICES LIMITED Gas boiler services and Project works DYNO ROD LIMITED ZSL45GD(S)CRO Drainage ESG ASBESTOS LIMITED asbestos surveys METRO ROD LIMITED ZWD61TE(S)CR Drainage PAKAWASTE ENGINEERING SERVICES Compacting equipment repair QUADRANT SECURITY GROUP LIMITE CCTV @ Swaleside ...
Work and Pensions: Carillion.
Witnesses: Murdo Murchison, Chairman, Kiltearn Partners Euan Stirling, Global Head of Stewardship and ESG Investing, Aberdeen Standard Investments Amra Balic, Managing Director, Blackrock Andrew Wollaston, Partner, Global Restructuring Leader & Global TAS Private Equity, Ernst & Young UK Alan Bloom, Partner, Senior Restructuring, former UK Restructuring Leader and Global Restructuring Leader, Ernst &...
Alok Sharma: .... This can exclude or reduce consideration of investment options that take account of longer term financial factors, such as those arising from material environmental, social and governance (ESG) risks. The 2017 Law Commission report ‘Pension funds and social investment’ proposed some legislative changes to clarify the fiduciary duties of trustees in this respect, which we are minded...
Business, Energy and Industrial Strategy: Corporate Governance: delivering on fair pay.
Witnesses: ...Governance, Investment Association Robert Hodgkinson, Executive Director, Technical, ICAEW Sarah Wilson, Chief Executive, Minerva Analytics Ltd Euan Stirling, Global Head of Stewardship and ESG Investing, Aberdeen Standard Investments
Nick Gibb: ...School Services Block (CSSB), which is allocated to all local authorities. The CSSB includes funding previously allocated through the retained duties element of the education services grant (ESG), which covers the responsibilities held by local authorities for all schools. The general funding rate of the ESG was only for the responsibilities that local authorities held for their...
Lord Agnew of Oulton: The table below shows the education services grants (ESG) allocated to local authorities in each financial year from 2013-2014 to 2016-2017: Education services grant allocated to local authorities in England Financial Year Allocation (£ millions) 2013-2014 799.46 2014-2015 717.12 2015-2016 563.10 2016-2017 496.94 The removal of the ESG as of September 2017 was...
Business, Energy and Industrial Strategy: Future of Audit.
Witnesses: ...Leon Kamhi, Head of Responsible Investment, Hermes Investment Management Liz Murrall, Director, Stewardship and Reporting, The Investment Association Euan Stirling, Global Head of Stewardship & ESG Investment, Aberdeen Standard Investments Natasha Landell-Mills, Head of Stewardship, Sarasin & Partners
Guy Opperman: ...environmental, social and governance matters to be taken into consideration as part of the statement of investment principles, and require individual pension fund trustees to take into account ESG factors when considering their strategic process to invest. I suggest that is one of the reasons why BP, the parliamentary scheme and others are beginning to change their approach. Those...
John Glen: ...they allocate, manage and oversee capital on behalf of their beneficiaries and clients. Signatories will need to report on how they have considered material environmental, social and governance (ESG) factors, and how directors of the companies they invest in have applied section 172 of the Companies Act, in their investment and stewardship decision-making. The revised Code will be...
Lord Shinkwin: ...that companies in the top quartile for gender diversity in their executive teams are 21% more likely to experience above average profitability than companies in the fourth quartile. Credit Suisse ESG has established that firms with better LGBT inclusion have on average 3% higher performance and LGBT Great, which promotes LGBT equality in the investment and savings industry, found that 80%...
Ruth Edwards: ...potential financial risk to their pension pots from climate change and that their savings are helping to tackle, rather than embed, the climate crisis. My hon. Friend has done a lot to ensure that ESG plays a key part in pension providers’ decision making. Will he consider requiring them to disclose their exposure to climate-related risk to their members?
Baroness Sheehan: ...to the Task Force on Climate-related Financial Disclosures to guide their investment decisions. To quote Simon Nixon’s column in the Times on 13 February, “money is pouring into so-called ESG funds, which target Environmental, Sustainable and Governance criteria”, and investment behaviour last year “fuelled talk of an ESG bubble”. Our Government must act on their commitment to...
James Duddridge: ..., occupational health and safety and understanding how data security and privacy are handled, including censorship and government disclosure. CDC provides further guidance on due diligence in its ESG Toolkit.
Baroness Bowles of Berkhamsted: ...that are left out. I therefore ask the Minister for reassurance that the Bill is not seen as removing pressure from legislating other important reforms on corporate governance and reporting, ESG, insolvency practitioners, audit and replacement of the Financial Reporting Council. I certainly do not see it as a justification for holding off. The moratorium provision was expected, but there...
Baroness Hayman: ...must also play an instrumental role. We already know that, in the last decade, listed companies with green activities have performed better than fossil-fuel stocks and that, during the pandemic, ESG portfolios have fared better than conventional ones. Investors need to align their investments to our obligations under the Paris agreement, report on climate risks and set strategies to...
Baroness Penn: ...-carbon benchmarks—the “Climate Transition Benchmarks” and “Paris-aligned Benchmarks”. The EU also extended existing transparency rules to reflect environmental, social and governance, or ESG, factors. This SI fixes deficiencies that will arise in retained EU law as a result of these EU amendments. It inserts definitions for a “UK Climate Transition Benchmark” and a “UK...
Kelly Tolhurst: The aviation sector is important to the UK economy and the government recognises the challenging times facing the sector as a result of COVID-19. The Expert Steering Group (ESG) was set up to bring together all the interested parties from across government and industry to co-produce solutions where possible. Membership of the ESG compromises of a range of industry experts and relevant...
Lord Balfe: ...of the pensioners who actually know what they are talking about, because many people are completely bewildered by pensions. When I read through both this amendment and the amendments about ESG and environmental safeguards, I was reminded very much of pensioners who come to me and say, “All I want, Richard, is for you to pay my pension. I couldn’t care less where it comes from.” I...
