UKSIF ‘Ownership Day’ fund manager survey ‘Oil Pressure Gauge’
Posted on: May 2nd, 2019
On 1 May UKSIF celebrated its annual ‘Ownership Day’ with an event at the London Stock Exchange and the publication of a fund manager survey that looks into how different managers view the oil industry ‘Oil Pressure Gauge’ .
Its focus is around ‘responsible ownership’ or what many now call ‘stewardship’ and the role it can play in effecting change.
Responses were anonymous and I rather like their honesty. To precis – clearly much absolutely essential engagement work is being done, but managers appear to be strategically light in places.
(For all reports go to http://ownershipday.co.uk/resources/ )
The report was produced with the help of ‘the Climate Change Collaboration’ a group of charities who operate in this area.