Buzz: Transfer to editor

Developed in close collaboration with investor group leads, this two-year engagement  programme highlights key progress, challenges, and investor expectations.

Prepared for Border to Coast

Engagement & voting report (cases, themes, metrics) from Robeco’s Active Ownership team.

Scope: Large US & European managers plus a few “best practice” smaller firms

Date: Methodology dated Dec 2025

Looks specifically at climate-related practices:

- Fossil fuel exclusion policies (coal, oil & gas).
- Holdings in newly issued bonds from fossil fuel developers (2024–mid-2025).
- Proxy voting policies and records at fossil fuel companies (director elections, pay, etc.). 

Asset managers are grouped using colour-coded scores (red / yellow / green) for:

- Commitment to stop new fossil fuel investments.
- Share of new fossil-fuel bonds they hold.
- Voting behaviour against boards and remuneration at fossil fuel developers.

The Just Share Asset Manager Responsible Investment Benchmark 2025 assesses 20 of South Africa’s largest asset managers against international best practice across responsible investment standards on governance, climate change, biodiversity and social impacts. The findings show that the industry is failing to adequately address the systemic risks that climate change, biodiversity loss and inequality pose for investors and society.

The report was researched and produced by Just Share using a survey methodology developed by UK-based non-profit organisation ShareAction. The methodology assesses responsible investment performance against 20 key standards. The standards are ambitious, but achievable, with ShareAction demonstrating that every one of the standards was met by at least one of the 76 global asset managers assessed in ShareAction’s 2025 survey.

All assessed South African asset managers were provided with the survey prepopulated by Just Share using publicly available information, and given the opportunity to check the survey findings and provide additional information. Fifteen of the twenty assessed asset managers responded.

Despite responsible investment forming part of South African asset managers’ lexicon for over 15 years, 85% of the largest asset managers received only “E” or “F” grades, with scores below 25%, while four managers failed to meet even one of the benchmark’s 20 key standards for responsible investment. The top-performing local manager, Ninety One, scored just 30%, giving it a “D” grade that would place it 24th among the 76 global asset managers assessed by ShareAction.

From insight to value: The sustainability reporting journey continues

Mandatory sustainability reporting has arrived with a bang in 2025 as thousands of companies published statements under the European Union’s Corporate Sustainability Reporting Directive (CSRD) and countries in other jurisdictions started to adopt the International Sustainability Standards Board’s (ISSB) reporting framework.

Yet this is also a year in which regulators recalibrated. While many jurisdictions continue to work towards ISSB adoption, the EU set out to reduce the number of organisations within scope of the CSRD and, for those that remain, simplify and defer reporting requirements. Meanwhile, the US Securities and Exchange Commission’s climate-related financial disclosure regulations remain in flux. 

PwC’s inaugural Global Sustainability Reporting Survey, based on responses from 496 companies that have reported, or plan to do so in the future, under the CSRD or ISSB frameworks, reveals that while some have paused reporting plans in response to these changes, many are moving ahead. For example, about 40% of survey respondents planning to report under the CSRD in the future say they’ll postpone statutory reporting by two years, in line with the EU’s ‘stop the clock’ directive. An equal number say they’ll report on the original timeline, even if not legally required to do so, whether under the CSRD or an alternative framework like the ISSB or the Global Reporting Initiative. 

The OECD Global Corporate Sustainability Report aims to support the adoption of corporate governance policies and practices that strengthen the sustainability and resilience of companies.

It provides easily accessible information to help policymakers, regulators, and market participants understand how sustainability-related practices are evolving. 

The issues covered in this report relate to the recommendations on sustainability of the G20/OECD Principles of Corporate Governance (Chapter VI).

Phase 2 Engagement Progress Report

The global food system is becoming increasingly vulnerable to supply chain disruptions driven by geopolitical conflicts, disease outbreaks, and more extreme and unpredictable weather patterns. Animal agriculture supply chains are particularly vulnerable to these risks.  

Protein diversification offers companies with high exposure to animal proteins an opportunity to safeguard a supply of ingredients while also building a resilient product portfolio, amid uncertain macroeconomic events.  

This report discusses the progress made by 20 of the largest food retailers and brand manufacturers in North America, Europe, and Australasia in leveraging protein diversification as a risk mitigation tool following the completion of Phase 2 (2024/25) of the FAIRR Protein Diversification engagement. This engagement was supported by 73 investors representing US$11.5 trillion in combined assets.  

This report examines how growing climate and nature risks are reshaping global soft commodity markets—particularly corn, soy and wheat—and how these shifts are affecting the resilience and profitability of livestock supply chains. 

Drawing on data from the Coller FAIRR Climate Risk Tool (CRT), the Coller FAIRR Protein Producer Index, and Bloomberg, the report underscores how climate-driven feed disruptions translate into financial losses, operational risks, and long-term value implications for the world’s largest listed protein producers, and their investors. 

Feed is one of the most climate-sensitive cost components in livestock production. Under the CRT’s high-impact scenario, average feed costs could rise by more than 30% by 2050, with poultry and pork producers facing the greatest pressure on profit margins. FAIRR’s analysis highlights systemic vulnerabilities – including supplier and geographic concentration, low traceability, and uneven disclosure of feed-related and water risks – that constrain corporate risk management and investor oversight. 

Thanks to favourable growth and demographic trends, Africa’s role on the global economic stage is rising. The region’s fixed income markets have much to offer investors: double-digit yields; strong return drivers; powerful diversification benefits, to name just three. This is a new frontier that is well worth exploring.

AI is dramatically changing trends in electricity demand, creating exciting opportunities for equity investors.

April 8-9, 2026 | Hilton Downtown Toronto

Join us for the 2026 Investor Summit as we mark SHARE's 25th anniversary. The event will be held in Toronto for the first time.

The SHARE Investor Summit brings together institutional investors—including pension funds, universities, foundations and religious investors— from coast to coast to coast to build a sustainable, productive and inclusive economy. The Summit is designed to strengthen investor collaboration and identify opportunities for action toward reconciliation, climate action, human rights, affordable housing and racial equity. 

Register and attend the SHARE Investor Summit — Canada’s only non-profit-led responsible investor conference.

The disappointing results from the recently held COP30 Climate Summit in Brazil showed how leading politicians can’t agree on the necessary actions to keep temperature rise less than 1,5°C. To mitigate the significant negative consequences, private companies, investors, consumers and NGOs have to do even more than they already do.

Institutional investors can first and foremost invest in climate solutions and influence the companies they invest in to improve their climate management and performance through engagement and voting in order to reach net zero emissions in 2050 at the latest. Hundreds of asset owners and asset managers all over the world already do this to a large extent to reach their own Net Zero goals. However, with the lagging political results and the current ESG backlash, the pressure on responsible companies and investors has become even stronger.

The third quarter of 2025 marked a pivotal period for global sustainable finance regulation. Across regions, policymakers refined disclosure frameworks, clarified expectations, and tightened accountability around sustainability claims.

While the EU and UK advanced alignment with ISSB and ESRS standards, the US and Canada faced regulatory gridlock offset by strong state and competition-level enforcement.

Meanwhile, APAC jurisdictions continued a pragmatic rollout of ISSB-aligned rules at varying speeds.

For asset managers and financial institutions, the message is clear: the regulatory floor is converging around transparent, verifiable sustainability data, and supervisors are demanding credible evidence behind every disclosure and claim.

Sustainability reporting requirements across the Asia-Pacific (APAC) region are rapidly evolving. Regulators are moving toward adopting mandatory disclosures, many of which align with the IFRS Sustainability Disclosure Standards and focus on financial materiality. This shift is occurring while other regions, such as the European Union, face political and legal resistance to sustainability disclosure mandates.

As APAC economies continue to play important roles in global trade and investment, companies across the world may be implicated by these regulations. Our latest resource paper dives into the key regulatory trends related to sustainability reporting in APAC and outlines current and emerging disclosure requirements in key economies. Whether you're an APAC-based organization or a multinational company with operations in the region, understanding these developments is essential to ensure compliance and meet stakeholder expectations. 

As we approach the two-year milestone since the ISSB Standards became effective in January 2024, it is worth examining these standards in depth and considering what it would take for companies to align with them. 

This resource paper provides insight into the development, structure, and global adoption of the ISSB Standards, along with key considerations for companies transitioning their sustainability reporting to meet these requirements.

It also includes a detailed comparison of the TCFD Recommendations and IFRS S2, offering a practical guide that companies can reference to better understand alignment opportunities, identify reporting gaps, and enhance the transparency and consistency of their climate-related disclosures.