F.R. | 33% of Spanish asset managers do not consider ESG factors when making investment decisions, according to a survey conducted by Georgeson through interviews with leading Spanish institutional investors, representing an aggregate of around 320 billion euros in assets under management. Among the managers that do take ESG factors into account when investing, the survey results highlight that the main methodologies for making decisions with this approach are in-house...

F.R.| The European Council will soon start negotiations to take forward the new EU regulation on ESG rating providers, which already has a proposal for a Regulation on the transparency and integrity of environmental, social and governance rating activities published in June 2023. The purpose of this new regulation is to “strengthen the reliability and comparability of ESG ratings by improving the transparency and integrity of ESG rating providers’ operations,...

F.R.| 77.7% of listed companies in Europe and the US included ESG metrics in their 2022 annual reports on long-term incentive plans, 68% more than the previous year, according to the 2022 Global Report on ESG Metrics in Executive Incentive Plans prepared by Willis Towers Watson (WTW) based on an analysis of 1,073 such reports on both sides of the Atlantic. In the case of Europe, 90% of the sample...

F. Rodríguez |Top global institutional investors will intensify their pressure on issuers on different points related to aspects of ESG in the coming year, according to the bi-annual survey Institutional Investor Survey carried out by Georgeson. It includes individual interviews with specialists of this group of firms, with assets under managment equivalent to over 40 billion euros. The four big trends discovered by the survey are as follows: 1. The investors...

Fernando Rodríguez (Emisores) | Irishman Martin Moloney is the new Secretary General of IOSCO (International Organisation of Securities Commissions), which brings together 130 supervisory bodies of the world’s most important stock exchanges. The organisation has accelerated its work so that next year investors will have a global platform or baseline with which to operate safely in the variegated and confusing world of ESG products and standards. Q: IOSCO supports a...

Fernando Rodríguez | Ahead of the COP26, IOSCO, the international forum which encompasses 95% of global stock market regulators, is collaborating with IFRS, dedicated to developing standards for financial and non-financial information. The two organisations are working flat out to be able to present an ESG standard prototype, and its corresponding recommendations, to financial intermediaries at the conference on climate change to be held in Glasgow, Scotland, October 31-November 12....