Library | Sustainable Finance Practices
Active ownership
Active ownership is a component of effective stewardship. It refers to how investors influence the behaviour and practices of investee companies (and, where relevant, borrowers or policyholders) through engagement, proxy voting, and, where necessary, escalation. The aim is to improve ESG performance, foster long-term value creation, and ensure responsible business conduct at the company level.
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TIIP: The Investment Integration Project
TIIP develops tools and advisory services for system-level investing, helping institutional investors manage systemic risks related to climate change and inequality.
The Ocean framework: An investor guide to navigating ocean risks and opportunities
This investor guide examines ocean-related risks and opportunities across nine ocean-dependent sectors. It outlines five key drivers of ocean degradation, introduces a seven-step portfolio assessment framework, and provides sector-specific engagement guidance for fisheries, aquaculture and maritime transportation.
The Swiss investors in the ICE system
This BreakFree Suisse research note examines Swiss institutional investors — including UBS, SNB, Zurich Insurance, and others — holding billions of dollars in US ICE contractors Palantir, AT&T, Geo Group, and CoreCivic. The report argues these investments conflict with the investors' stated human rights policies and ESG commitments.
Red lines in the Abyss: Growing financier concern over deep-sea mining
This report maps 82 financial institutions — representing approximately EUR 24 trillion in combined assets — that have excluded or expressed concern over deep-sea mining. Published by Seas At Risk and the Deep Sea Mining Campaign, it charts growing financier momentum against deep-sea mining and calls for explicit exclusion policies from both financial institutions and governments.
Excessive executive compensation: Investor guidance
Published by ICCR in April 2026, this report provides investor guidance on addressing excessive executive compensation. It outlines proxy voting guidelines, pay thresholds, and stewardship frameworks to help investors challenge the growing gap between CEO and worker pay, and promote greater accountability and long-term value creation.
The benefits of access: Evidence from private meetings with portfolio firms
This paper analyses over 4,700 private meetings between a large active asset manager and portfolio firms using proprietary data from Standard Life Investments (2007–2015). Meetings transmit soft information that influences analyst recommendations and fund manager trading, generating statistically significant abnormal returns and profitable trading decisions.
Voice without influence? Global investor voting rationale disclosures in Korea
This study examines whether global institutional investors’ voting rationale disclosures influence Korean firms’ gender diversity and climate-related policies. It finds stronger investor focus on board gender diversity than climate risk, limited influence on large firms, greater impact on smaller firms’ emissions reductions, and evidence that voting rationales affect the credibility of sustainability reporting.
Beyond net zero: The rise of transition plans and what they tell investors
This Sustainable Fitch report examines the rise of corporate transition plans, driven by regulatory requirements and investor demand. It reviews six mainstream transition planning frameworks, finding alignment on core principles but variation in detail, and analyses around 40 entities, revealing strong Scope 1 and 2 targets but patchy Scope 3 commitments and limited transition revenue.
Investing in the arms race: The companies building nuclear weapons and their financiers
This report analyses 25 companies producing nuclear weapons and their financial backers. Highlighting over $1 trillion in total investments and financing from 301 institutions, it urges the financial sector to use its leverage to reject nuclear armament and make choices that benefit global security and humanity.
Socially-minded investors and corporate behavior
This report examines whether socially-minded investors influence corporate behaviour through voting, managerial incentives, or identity investing. It concludes that existing channels offer limited impact and evaluates potential legal reforms, such as binding shareholder votes and mandatory disclosures, to better align corporate actions with these investors' preferences.
2025 Water sector engagement report
Royal London Asset Management's 2025 report presents findings from a two-year engagement programme with 11 UK water utility companies across four pillars: climate change adaptation, biodiversity, affordability, and antimicrobial resistance. Nearly all companies showed improvement from baseline scores, with biodiversity recording the most notable progress.
Optional shareholder voting
This paper examines optional shareholder voting by institutional managers (IMs) using newly available SEC data on say-on-pay votes. Only 44% of IMs vote, yet their aggregate voting footprint is twice that of mutual funds. IMs use voting as a monitoring tool, with larger positions associated with greater opposition to management.
Cracking the code: Using nature data to understand the impact of the ASX200
This report analyses the nature-related impacts of Australia's ASX200 companies. It finds that utilities, energy, and materials sectors exert the highest direct environmental pressures, whereas financials and retail sectors possess significant supply chain impacts. The report advocates for TNFD-aligned disclosures and proactive investor stewardship to mitigate systemic risks.
Corporate Engagement Guide: Addressing Deforestation in Australia
This corporate engagement guide provides institutional investors with a step-by-step pathway to address deforestation within Australia's largest listed supermarkets and banks. It evaluates the current progress of major companies and offers actionable guidance to implement robust deforestation-free commitments, safeguard financial stability, and mitigate systemic economic risks.
What can investors do about climate change?
This report explores the evolving role of investors in addressing climate change. Drawing on insights from major asset managers, it advocates shifting from market-led targets to a policy-led approach. Investors are advised to focus on realistic stewardship, pragmatic objective-setting, and policy advocacy to effectively manage climate-related financial risks.
Systematic stewardship on the waterbed
Tröger argues corporate governance tools, including stewardship, say-on-climate votes and ESG-linked pay, cannot replace broad climate regulation. Firm-level interventions may trigger “waterbed effects”, shifting emissions rather than reducing them. Carbon pricing or comprehensive emissions caps are presented as more effective.