New guidelines force pension funds to reveal shareholder voting records
by Kalyeena Makortoff Banking correspondent from Environment | The Guardian on (#4T33J)
Firms must report actions on environmental and social issues under revamped code
Pension funds and asset managers will have to disclose their shareholder voting records on issues including the climate crisis, as part of UK guidelines that will come into force in January.
The revamped stewardship code means firms will have to publish annual reports showing they have taken environmental, social and governance (ESG) issues into account when investing and engaging with companies.
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