Climate roundup: Net-zero group tackles manager proxy voting
By Susanna Rust2021-04-15T14:36:00+01:00 The way asset managers cast votes on climate-related issues should not be influenced by the status of company engagement “or other management considerations”, according to guidelines from the UN-convened Net-Zero Asset Owner Alliance (NZAOA). In a new publication – billed as being about ‘Elevating Climate Diligence on Proxy Voting Approaches’ – the group of asset owners wrote that asset managers’ proxy voting policies and supporting documents should “include a commitment to Climate Votes being evaluated based on merit of the proposal...