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Tesco is extending its new health strategy across its wider group, including Booker. Booker’s new health commitments will focus on providing a greater

By Jon Hay 05 May 2021 A small band of committed investors in Tesco has achieved spectacular success with a shareholder motion on healthy food. This should embolden investors to hold issuers to account on a wider range of social matters — and also contains a deeper lesson about how markets bring about change. To listen to some in the capital markets, environmental, social and governance investing is all about numbers. Investors, they argue, need to build up better data about companies’ — and governments’ — characteristics, feed this into their valuation models, and slowly but surely...

What constitutes best practice when it comes to engagement? Stewardship and engagement at the forefront of investors’ minds as this year’s proxy voting season draws nearer Stewardship and engagement will be at the forefront of ESG investors’ minds this year, with regulation such as the new UK Stewardship Code having taken effect, and this year’s proxy voting season drawing closer. And onlookers would say rightly so, as shown by last year’s Boohoo scandal where a number of ethical funds were exposed as having significant allocations to the fast fashion brand, and more recently the ho...

Representatives of customers, suppliers, staff and local communities should automatically be given the right to attend company annual meetings and make presentations, according to a campaigning group