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A metacognitive approach to learning and performance in human-AI interaction

This research introduces the Synergetic Notion of Human-AI Skills and Knowledge Construction (SYNC) model. It addresses the decoupling of learning and performance in GenAI interactions. By identifying four key pitfalls, the model outlines strategies like metacognitive onloading to foster human-AI synergy and ensure durable learning alongside AI-supported performance.
Research
30 October 2026

Net zero stewardship toolkit

Institutional Investor Group on Climate Change (IIGCC)
This toolkit provides institutional investors with a foundational framework to enhance net zero stewardship. It details a five-step process involving portfolio analysis, alignment criteria setting, engagement strategies for priority companies, and voting policy development. The guide aims to help investors halve emissions by 2030 and achieve net zero by 2050.
Research
11 April 2022

Investors, climate risk and forceful stewardship: An agenda for action

Preventable Surprises
This report by Preventable Surprises outlines a 'Forceful Stewardship' strategy for institutional investors to manage systemic climate risk. It advocates for assertive proxy voting, demanding 2°C-aligned business plans, and elevating climate risk management to the executive level to protect long-term portfolio value and fulfil fiduciary duties.
Research
13 August 2015

Climate in the boardroom: 2024 proxy season

Majority Action
This report analyses the 2024 climate proxy voting performance of the four largest asset managers, finding widespread failure to support decarbonisation and climate finance proposals. It reveals a significant divergence between these managers and public pension funds, particularly concerning director accountability during the 2024 ExxonMobil shareholder rights dispute.
Research
7 February 2025

The Kay Review of UK equity markets and long-term decision making: Final report

Department for Business, Energy and Industrial Strategy (BEIS)
This report examines short-termism in UK equity markets, identifying the erosion of trust and misaligned incentives as primary causes. It recommends restoring fiduciary standards, establishing an investors' forum, and reforming executive remuneration to encourage long-term decision-making and sustainable value creation for companies and savers.
Research
1 July 2012

Returns to shareholder activism: Evidence from a clinical study of the Hermes U.K. Focus Fund

European Corporate Governance Institute (ECGI)
This research analyses the Hermes U.K. Focus Fund, demonstrating how private shareholder activism generates significant abnormal returns. By investigating internal data, it finds that targeted engagements—including management replacement and corporate restructuring—account for 90% of fund returns, substantially outperforming market benchmarks through private rather than public interventions.
Research
1 April 2008

Energy transition strategy 2024

Shell plc
This report details Shell's updated strategy to reach net-zero emissions by 2050. It highlights progress towards 2030 targets, including halving operational emissions and reducing net carbon intensity. The plan prioritises investments in LNG, biofuels, electric vehicle charging, and carbon capture, supported by a 10-15 billion dollar low-carbon budget.
Research
14 March 2024

Financial institution net-zero transition plans: Fundamentals, recommendations, and guidance

Glasgow Financial Alliance for Net Zero
This report provides a voluntary framework for financial institutions to develop science-based net-zero transition plans. It introduces ten components across five themes, focusing on four financing strategies — climate solutions, aligned entities, aligning entities, and managed phaseout — to support the 1.5°C-aligned real-economy transition.
Research
1 November 2022

Lost in translation: Unlocking adaptation finance through better information flows

United Nations Environment Programme Finance Initiative (UNEP FI)
This report examines how improving information flows regarding physical climate risks, finance allocation, adaptation impact, and financial performance can unlock private investment. It identifies a US$ 9 trillion opportunity by 2050, highlighting the role of financial institutions, governments, and regulators in bridging the adaptation finance gap through better data.
Research
3 November 2026

The carbon at risk measure for managing carbon removal risk and guiding portfolio construction

This research introduces carbon at risk (CaR), a quantitative metric measuring potential shortfalls in carbon storage. Through forest and geological models, it demonstrates how risk fluctuates by region and regulation. The framework provides a standardised basis for risk-adjusted portfolio construction, insurance pricing, and buffer management in carbon markets.
Research
6 November 2026

Buildings efficiency: Special report

International Energy Agency (IEA)
This IEA report details a pathway to reduce buildings' energy intensity by 25% by 2035. It identifies equipment efficiency, building envelopes, electrification, and clean cooking as primary levers. To succeed, annual investment must triple to USD 1.2 trillion and efficiency progress must more than double from current rates.
Research
3 November 2026

Allianz Climate Economics Report 2026: a year of escalating costs

Allianz Research reports that extreme weather cost USD210bn in 2025. Europe’s 2026 heatwaves caused EUR113bn in output losses. A projected 2027 El Niño could cost USD451bn globally. The report highlights a widening adaptation gap, contrasting proactive prevention systems with reactive post-disaster relief across various regions.
Research
24 September 2026

Value-up initiatives as a strategy for corporate governance and capital market development: Lessons from Asia

European Corporate Governance Institute (ECGI)
This report analyses Asian "value-up initiatives" designed to address persistent valuation discounts. Through case studies of Japan, Korea, and Singapore, it evaluates how these programmes use disclosure and reputational pressure to improve capital allocation. While enhancing transparency, they serve as complements to, not substitutes for, fundamental investor protection.
Research
1 October 2026

Nature-related risks: A compendium of implementation practices to guide action by central banks and supervisors

This NGFS report details practical implementations for assessing nature-related financial risks. Reviewing 35 global initiatives and six case studies, it identifies water-related disruptions as primary risk drivers. Key findings highlight significant sector concentration, supply-chain amplification, and the relative maturity of physical risk modelling compared to transition risk analysis.
Research
13 October 2026

The hidden costs of water scarcity in livestock companies: Navigating pathways to water resilience

Farm Animal Investment Risk and Return (FAIRR)
This report examines water scarcity risks for 18 major livestock companies, highlighting a significant disclosure gap where actual water use exceeds reported figures by 132x. Annual costs could reach US$9 billion by 2050. Investors are urged to advocate for systemic resilience and the repurposing of harmful agricultural subsidies.
Research
12 August 2026

Towards cross-taxonomy alignment: Insights from examining interoperability between the Australian and EU sustainable finance frameworks

ISS STOXX
This report examines interoperability between the Australian and EU sustainable finance taxonomies. It identifies an 85.2% activity overlap and consistent portfolio-level alignment. While EU data supports Australian assessments, differences in coverage and voluntary DNSH/MSS requirements mean frameworks are not interchangeable, requiring granular comparisons for comprehensive reporting.
Research
19 October 2026
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