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Sam Gyimah: ...figures. The main revenue funding allocations from this department to local authorities are made up of the dedicated schools grant (DSG), pupil premium, and education services grant (ESG). Details of these allocations to all local authorities for financial years 2011 to 2016 (from 2013 only for ESG), including those in the West Midlands, can be found at the links below:...
Sadiq Khan: For London to remain a leading centre of green finance, we need to ensure that the growth in environmental, social and corporate governance (ESG) investment which we have seen in recent years is accompanied by rigorous standards to hit net zero and avoid ‘greenwashing’. The City of London is fully committed to this agenda and last year, a poll of global institutional investors showed that...
David Laws: I am announcing today the launch of a public consultation on savings to the education services grant (ESG) for 2015-16. Local authorities are responsible for providing the schools they maintain with services to support education, such as school improvement and education welfare services. Academies are responsible for the provision of these services for their pupils. The ESG was introduced in...
Baroness Goldie: Trade associations and individual companies have raised the issue of ESG in discussions with Ministers and officials from across government. While we have so far seen no evidence that ESG criteria are leading to increased procurement costs, we are aware of instances where companies, particularly SMEs, have found obstacles to accessing financial services. Officials across Government are...
Lord Benyon: ...than food production, without at all impacting on the food we eat. However, the right reverend Prelate raises a very important point about the way that some of the trillions of dollars of so-called ESG money is being spent in certain areas. The Government are taking this very seriously, because the S in ESG matters; the social dimension of how this money is spent, in what is called green...
Kevin Hollinrake: The Government recognises the risk that businesses can make unsubstantiated claims in relation to environmental, social and governance (ESG) matters. In April 2020, the Department for Business, Energy and Industrial Strategy published research, which found that “a high proportion of practitioners in the field of socially responsible investment feel that NFR [non-financial reporting]...
Lord Nash: ...Friend Minister of State for Schools (David Laws MP) made the following announcement: I am announcing today the launch of a public consultation on savings to the Education Services Grant (ESG) for 2015-16. Local authorities are responsible for providing the schools they maintain with services to support education, such as: school improvement and education welfare services. Academies are...
Sam Gyimah: Today I am announcing details of school revenue funding for 2016 to 2017. My announcement includes the Dedicated Schools Grant (DSG) the Education Services Grant (ESG) and the Pupil Premium. The distribution of the DSG to local authorities will continue to be set out in three spending blocks for each authority: a schools block, a high needs block and an early years block. The schools block...
Lord McNicol of West Kilbride: My Lords, I am supporting a project with Rewired.Earth, which aims to deliver full and proper ESG audits, including through the supply chains. If achieved, this would provide a huge step forward in delivering environmental, social and governance oversight, going a long way to answer the Question of the noble Baroness, Lady Sheehan. With $110 trillion of worldwide investment already being...
Amanda Milling: ...business and operational decisions. FCDO has oversight of BII's operations, through Quarterly and Annual Shareholder Meetings, as well as dedicated meetings on Environmental, Social, and Governance (ESG) standards. The FCDO regularly raises ESG issues with BII.
Nick Gibb: The main revenue funding allocations from this department to schools and local authorities comprise the dedicated schools grant (DSG), pupil premium, education services grant (ESG), universal infant free school meals (UIFSM), PE & Sport premium and Year 7 catch-up grant. Details of these allocations to all schools or local authorities for financial or academic years 2010 to 2017 (dependent...
Amanda Milling: ...: https://assets.cdcgroup.com/wp-content/uploads/2021/12/14074 359/Policy-on-Responsible-Investing.pdf To further support investees, BII has published bespoke Environmental, Social, and Governance (ESG) toolkits for fund managers (link here: https://toolkit.bii.co.uk/esg-topics/ ) and financial institutions (link here: https://fintoolkit.bii.co.uk/working-with-cdc/ ) and hosts regular...
Kelly Tolhurst: The International Aviation Taskforce’s Expert Steering Group (ESG) provided industry the opportunity to feed into the practical application of any new policies and co-produce solutions where possible. ESG has met its purpose and has undoubtedly been vital in achieving the milestones of producing health measures guidance and helping government establish Travel Corridors. Whilst our...
Lisa Nandy: .... Writing in the Local Government Chronicle, the director of pensions at Westminster Council asks what happens “where an analyst has anticipated that a company’s value will decrease because of ESG decisions it has made… if that strategy falls within the new law’s definition of not being in line with UK foreign defence policy, and the law therefore states that the fund must remain...
Nick Gibb: Today I am announcing details of schools revenue funding for 2017-18. This announcement includes the Dedicated Schools Grant (DSG), the Education Services Grant (ESG) Transitional Grant and the Pupil Premium. The distribution of the DSG to local authorities will continue to be set out in three spending blocks for each authority: a schools block, a high needs block and an early years block....
Jonathan R Shaw: ...relative price movements to reduce costs). The latest set of animal feed statistics contains details of the price of poultry feed up to June 2007 and can be found at: http://statistics.defra.gov.uk/esg/statnot/mcompspn.pdf Estimates of poultry feed costs through to September 2007, which will cover the period of significantly rising grain prices, are due to be published on 17 January 2008....
Gareth Davies: ...want to invest with purpose and according to their values. Likewise, fund managers have, over the past several years, moved great mountains, a lot of money and a lot of effort to incorporate ESG risk into most of their investment processes, and I do not believe that any asset manager in the future will be able to survive unless they integrate ESG climate risk as part of their investment...
Baroness Stedman-Scott: The Government has taken action to ensure that environmental, social and governance (ESG) factors are taken into account by institutional investors. 2018 changes to the Occupational Pension Schemes (Investment) Regulations require occupational pension schemes to have policies on financially material ESG factors and on stewardship of their investments. Trustees are also required to report...
Michael Matheson: .... We are aware that some Scottish local government pension funds have already signed up to the principles of responsible investment and exercised a preference in new investments with positive ESG—environmental, social and governance—characteristics, which they have set out in their financial criteria. I can also inform the member that Scottish ministers intend to liaise with the...
Baroness Drake: ..., potential vulnerabilities to the sustainability of the scheme which should be properly understood. The Pensions Regulator code of practice strengthened guidance for trustees on consideration of ESG risks, but it is not legally binding and there is no direct penalty for failing to comply. At a recent pensions conference, Andrew Warwick-Thompson, the executive director of the regulator,...
