'Build back better': HM Treasury-led taskforce's 20 recommendations for asset managers

Blueprint for integrating stewardship into investment process

The HM Treasury-led Asset Management Taskforce has outlined 20 sustainability recommendations to 'build back better' post-coronavirus, providing a blueprint for integrating stewardship into the investment process as the UK recovers from the economic impact of the pandemic.

Supported by the Investment Association (IA), the report, Investing with Purpose: placing stewardship at the heart of sustainable growth, seeks to cement the UK as a global centre of excellence in stewardship practice. Achieving this will require action across three main pillars, according to the taskforce: strengthening stewardship behaviour; stewardship for clients and savers by generating sustainable value and achieving savers' goals; and creating an economy wide-approach to stewardship One-third of asset managers not engaging on climate change despite three-quarters claiming to ...