Navigating the route to better stewardship
While the UK Stewardship Code is influencing the standard-setting in other countries, there are still obstacles to overcome
by David Burrows
The UK Stewardship Code 2020
defines stewardship as "the responsible allocation, management and oversight of capital to create long-term value for clients and beneficiaries leading to sustainable benefits for the economy, the environment and society". It sets high expectations for how investors, and those that support them, invest and manage money on behalf of UK savers and pensioners, and how this leads to sustainable benefits for the economy, the environment and society.
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