M&G to give shareholders a vote on climate plans in 2022

Firm committed to achieving net zero by 2030

M&G will give shareholders a say on its climate plans at its 2022 annual general meeting, the asset manager has revealed.

Shareholders will be asked to approve M&G's climate transition report through a ‘Say on Climate' resolution. Ahead of the 2022 AGM, the asset manager will provide investors with detail on its roadmap to achieving these ‘net zero' targets, and its commitment to high standards of disclosure and measurement, consistent with the Task Force on Climate-related Financial Disclosures (TCFD), to provide shareholders with decision-useful data on its climate exposure. Fund managers representing $23trn in assets join net zero initiative Fiona Clutterbuck, interim chair of M&G, said: "We believ...