ShareAction

The results are in - the The Labour Party have been elected as the next UK government. We’ll be working with newly elected MPs across Parliament to campaign for a higher standard of responsible investment. The new government has made several commitments, including delivering economic stability and creating a green energy system fit for the future. In a challenging fiscal climate, these will depend on a responsible financial system aligned with long-term, sustainable prosperity. The UK’s financial sector has a lot of power but the rules that underpin the system and guide investors are not fit to deal with the crises we face today. Policymakers can change that and transform the financial system so that it works for both people and the planet. Labour has come into power at a crucial point for our futures. We need the government to be ambitious and build a more sustainable financial system that better protects our long-term interests. Hear from our Public Affairs Manager on how the government can change the system for the better.

🌍 Since our inception in the early 2000s, ShareAction has been harnessing the power of investments to protect our planet. The science is stark: we are in a climate crisis, with rising temperatures and extreme weather impacting every corner of the globe. 🌡️ Did you know just 57 companies are linked to 80% of global emissions? This includes major oil giants like BP and Shell, who continue to make plans that conflict with the goals of the Paris Agreement, which aims to limit global temperature increases to 1.5°C. 💡 Companies like these must realign their strategies to meet climate targets before it’s too late. But they don’t act alone. Investors hold the key to driving this transformation by leveraging their influence on corporate practices. This is where ShareAction steps in. We mobilise investors to take bold, decisive action on the climate crisis and other pressing global issues. Together, we can make sure that investments drive real change. Learn more about our work in this area: https://lnkd.in/epVMtaC8

A NEW Employment Rights Bill has been published today 👷🏾♀️🧑🏼🏭🧑🏿💼👩🏼🍳 In its ‘New Deal for Working People,’ and promise to ‘Make Work Pay’ - The Labour Party pledged to introduce a new bill with extensive changes to employment law. The bill has been published today, and alongside a number of investors belonging to our ‘Good Work’ and/or ‘Long-term Investors in People’s Health’ coalitions, we’ve written to Angela Rayner and Jonathan Reynolds MP to tell them our thoughts. We outline what's needed to improve the Employment Rights Bill and Living Wage proposals, including: 💸 A genuine living wage that reflects the cost of living for low-paid workers, closing income inequality and boosting productivity; 🔒 Stronger job security, including fair notice periods and compensation for shift changes;  🤒 Improved Statutory Sick Pay from day one, removing waiting days and thresholds, and raising the minimum rate.  These steps will enhance workers' wellbeing, reduce turnover, and create long-term economic stability. Read the full letter: https://lnkd.in/eGcUyF_s  Cardano CCLA Investment Management Greenbank Investments Barrow Cadbury Trust The Legal Education Foundation

A new report from Reclaim Finance - ONG shows that the world’s leading insurance marketplace, Lloyd’s of London, isn’t being completely honest about its intention to become the main insurance market of net-zero...    Most of Lloyd’s insurance companies have fallen behind in the fight against the expansion of fossil fuels in their underwriting policies – 46 managing agents, which represent 93% of the market, have yet to commit to stop insuring new oil and gas fields. This new research reinforces the findings of our own report, Insuring Disaster, which was released earlier in the year. We found that the Lloyd’s of London marketplace was the worst performing market of the three we analysed, with a massive 46% of companies scoring the worst possible grade in our rankings.     Read the full Insuring Disaster report⬇ https://lnkd.in/eDfgBKpT

We use shareholder resolutions to move some of the biggest companies and banks on the issues that matter. Companies have shareholders. They each own a tiny piece of the pie. Each year, these shareholders are invited to a company’s annual general meeting (AGM) to make decisions about the future. That’s where we all come in. Collectively, we buy shares and then decide what issue we want to challenge the company on before submitting it (co-filing) to be discussed at the AGM. Co-filing a resolution is one of the most effective campaign tactics at our disposal and it gives YOU the opportunity to make your voice heard. Sign up to our mailing lists to stay updated on all our upcoming co-filing opportunities⬇ https://lnkd.in/eBB2xucX

HIRING: Initiative Lead – Healthy Markets Initiative (HMI) 🚀 Are you passionate about using the power of investment to drive healthier, more sustainable outcomes in the food and beverage industry? At ShareAction, we’re looking for an Initiative Lead to shape and lead our Healthy Markets Initiative – a cutting-edge program leveraging investor influence to improve consumer health and nutrition globally. 🌍🥗 As the Initiative Lead, you’ll: ✅ Drive strategic campaigns to push major corporates for better nutrition and health standards. ✅ Collaborate with institutional investors to make health a priority in responsible investment. ✅ Play a key role in expanding the reach and impact of our Healthy Markets Initiative. Join us in shaping a future where the financial system serves both people and planet! 🌱 📍 Location: Flexible within the UK (with regular travel into London) 🔗 Learn more & apply: https://lnkd.in/eDJmMyEk 💸 Salary: £47,400 - £52,293 #Hiring #JobOpportunity #ResponsibleInvestment #SustainableFinance #CorporateAccountability #FoodAndHealth #ImpactDriven #Leadership

Which of our cause areas are our supporters interested in? 👀 How do they like to take action with us? ✊ What are they eager to learn more about? 🎓 We recently surveyed our supporters and wanted to share the results as a way to highlight key areas of our work that we think supporters would be interested in, and present opportunities for people to get more involved with what we do. You can read the blog here ➡️ https://lnkd.in/erH7pDyc

🏙️ Buildings and construction are responsible for 37% of global emissions*. This new report outlines how the built environment industry can effectively held accountable for their contribution to climate change and social inequality. Investors are chief players in the industry and must accept their share of responsibility. Many own buildings in which we all live and work. If investors do not take accountability, they will inevitably face increased scrutiny and risk. We will be monitoring their performance in the coming months. 📊 * UN Environment Programme, Global Alliance for Buildings and Construction (GlobalABC), Yale CEA

Our Director of Development, Comms and Engagement took a trip to New York last week for #ClimateWeekNYC. 🗽 🌆 Her key takeaways 👇

Our CEO Catherine Howarth OBE was in Brussels last week to meet with key representatives from civil society, industry and the European Commission to discuss the future of the EU sustainable finance agenda. This legislative term - from now until 2029 - will be crucial for the EU to remain ambitious and lead the global transition to sustainability. 💪 Hear more from Catherine about her trip 👇