Sustainable Festival: ShareAction boss urges UK firms refrain from FAANG approach to stewardship

ShareAction CEO Catherine Howarth hopes UK businesses continue to pioneer investor stewardship standards and refrain from adopting FAANGs’ standoffish approach.

Speaking at the Sustainable Investment Festival, Howarth pointed to the tech giant FAANGs which have often been criticised for workplace practices, but have so far been unwilling to engage. Sustainable Festival: Boring Money's James Adams warns advisers are underestimating client interest in ESG "It is a huge challenge as a lot of the giant tech companies have armed themselves with corporate governance arrangements that very much limit the scope for shareholder dialogue," explained Howarth to the Sustainable Investment Festival audience. There have been numerous attempts to engage ...