ICGN Launch Second Edition of ‘Governance, Stewardship and Sustainability: Theory, Practice and Evidence’

ICGN announce the launch of the updated second edition of ‘Governance, Stewardship and Sustainability’, written by George Dallas (Policy Director, ICGN) and Mike Lubrano (Managing Director, Valoris: Stewardship Catalysts).

As with its predecessor, the book links together key issues and current thinking around corporate governance, investor stewardship and sustainability for practitioners and academic and professional education programmes. This second edition brings the discussion up to date, referencing the seismic developments of the past three years in these interconnected fields.

This second edition aims to give the reader an understanding of the content and impact of these recent events, initiatives and innovations, including (but not limited to):

• Final ratification of the 2021 revisions to ICGN’s Global Governance Principles.
• The announcement of the formation of the International Sustainability Standards Board at COP26 and its endorsement by key participants.
• Consolidation among environmental, social and governance (ESG) standard setters.
• Continued fallout from the Covid-19 pandemic and, in particular, its impact on how investors and companies think about systemic risk.
• Acceleration of mergers and acquisitions among ESG data and ratings providers.
• Intensification of the priority accorded to greenhouse gas emissions and climate risk across the ESG performance and reporting agenda.
• Introduction of the Sustainable Finance Disclosure Regulation, the proposal for a Corporate Sustainability Reporting Directive, and other major developments in the EU.
• Re-entry of the US administration into the global ESG dialogue and concomitant efforts by US regulatory bodies to reflect this in its capital markets and corporate regulatory frameworks.

This edition will serve as the core text of ICGN’s popular signature training programme, the ‘Governance, Stewardship and Sustainability Course’, which will next run in December 2022.

Referring to the new edition, Bram Hendriks, Client Relations Manager at Kessler Topaz Meltzer & Check, said;

“‘Governance, Stewardship and Sustainability’ presents in an excellent way how investor stewardship has developed globally and what is expected from asset owners and asset managers. At the same time, the book provides significant insights and practical guidance for investors on how they should navigate this ever changing landscape of responsible investor stewardship. Learn about all the instruments in the shareholder toolkit, ranging from the ‘soft power’ of private and public engagement with investee companies to the ‘hard power’ of class action litigation.”