Did you mean esa?
Edward Davey: ...the gas industry. I want to return to the issue of consensus. We need to act. I set out a five-point plan today. There were other ideas. I hope the Government will listen to those ideas. While the ESG guidelines are helpful—I know some of the work that the Minister for Energy and Clean Growth is putting forward on green finance—I think we have to be bolder and go further. The Minister...
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
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...
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...
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
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: 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 &...
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 &...
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 ...
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...
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...
Guy Opperman: ...term considerations in mind. This can exclude consideration of options that take account of longer term financial factors, such as those arising from material environmental, social and governance (ESG) risks. We are concerned that some investment decisions may not appropriately take into account longer term financial factors, such as those arising from material environmental, social and...
Baroness Bloomfield of Hinton Waldrist: ...by companies of all sizes. As an advisor to the board of London Pensions Fund Authority, I witnessed at first hand its adherence to the principles of responsible investment, formerly known as ESG—environmental, social and governance. Although returns on investing in infrastructure or housing might in themselves be attractive, equal weight is given to the public good of providing...
Lord Nash: ...grant worth £125m in 2017-18. We have also amended regulations to allow local authorities to use other sources of funding to pay for education services for maintained schools once the ESG is removed from September 2017. Local authorities are allowed to retain some of their maintained schools’ Dedicated Schools Grant so that they can continue to deliver the statutory duties they carry...
Baroness Anelay of St Johns: ...that trustees should consider long term financially material factors when considering the schemes investment objectives for their members; and where long-term environmental, social or governance (ESG) factors are financially material these should be taken into account.â
Nick Gibb: ...-unit/schools -national-funding-formula2/. Shape and content of the central school services block Allocation route Previously funded from centrally retained DSG Previously funded from ESG Central school services block per pupil rate School admissions Servicing of schools forums Fees to independent schools for pupils without SEN Education welfare services Asset...
John Pugh: ...away. The demise of the local authority has acute effects. Its statutory functions are barely affordable at the moment, given the pressure on council budgets, but following the phasing out of the ESG, its other strategic functions will be dependent on funding from schools that cannot afford to meet their own costs, let alone to pay back and hire local authority services. Ironically,...
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....
Nick Gibb: As announced at the Spending Review, we plan to save £600m from the Education Services Grant (ESG) by phasing out the general funding rate from 2017-18. Local authorities will continue to receive ESG funding in 2016-17. They will also receive transitional ESG funding from April 2017 to August 2017 inclusive. We recognise that local authorities, including Warrington Borough Council, will...
Nick Gibb: As announced at the Spending Review, we plan to save £600m from the Education Services Grant (ESG) by phasing out the general funding rate from 2017-18. Local authorities will continue to receive ESG funding in 2016-17. They will also receive transitional ESG funding from April 2017 to August 2017 inclusive. We recognise that local authorities, including Newham Borough Council, will need...
