The Institute of Chartered Secretaries and Administrators (‘ICSA’) in the UK, in conjunction with the Investor Stewardship Working Party, has launched a consultation paper on stewardship entitled ‘Improving Engagement Practices by Companies and Institutional Investors’.
The paper, issued on 12 October 2012, results from ICSA’s review of the current state of investor stewardship in the context of:
a report of the Investor Stewardship Working Party (a group of six institutional investors, supported by Tomorrow’s Company (a London-based think tank which researches issues regarding business-society relations), which came together to consider what was meant by better ‘investor stewardship’), entitled‘ 2020 Stewardship – Improving the quality of investor stewardship’ and published in March 2012.
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