Skip to Content

ShareAction: transforming the investment
system to serve savers,
society, and the environment.

Latest news and blogs


Responsible Investment NGO ShareAction has called on trade association BusinessEurope to take seriously the concerns raised by investors about its unhelpful lobbying on climate policy. 
In a letter to BusinessEurope’s President Emma Marcegaglia, ShareAction Chief Executive Catherine Howarth has challenged BusinessEurope’s defence of its position on climate change and its assertion that concerns raised by institutional investors were “inaccurate and biased”.


National Grid’s decision to accredit as a Living Wage employer brings the total number of FTSE 100 companies that have announced or applied for accreditation with the Living Wage Foundation to 24. National Grid employs 12,000 people in the UK, and so this makes it one of the largest employers yet to sign up to the Living Wage.


ShareAction welcomes the PRI’s report “Fiduciary Duty in the 21st Century”.  ShareAction has long stressed the need for greater clarity on the extent and nature of fiduciary duties in the investment sector and was pleased to contribute to the report as an interviewee and peer reviewer.

The PRI is right to seek to end the debate about whether fiduciary duty is a legitimate barrier to investors integrating environmental, social and governance (ESG) issues into their processes. 


A global coalition of 25 institutional investors with over forty five billion pounds in assets under management is calling on nine major publicly listed companies to review their membership of lobbying groups that seek to undermine EU climate policy.

The investors have written to BHP Billiton, BP, EDF, Glencore, Johnson Matthey, Proctor and Gamble, Rio Tinto, Statoil and Total expressing concern that the companies declared climate policies are undermined by membership of lobby groups with a track record of obstructive lobbying on climate change policy. 


FTSE 100 companies’ membership of trade associations that have lobbied against progressive climate policies puts their investors at risk, says ShareAction in an investor briefing released today. 


The briefing analyses the risks of membership of obstructive EU trade associations to companies and their investors, and sets out key recommendations to enable investors to more accurately assess the risks and take action.


Responsible Investment charity ShareAction has given a cautious welcome to reports that oil giant Royal Dutch Shell has responded to pressure from investors and will not renew its membership of the American Legislative Exchange Council (ALEC).


ALEC is a US-based lobbying group that has promoted sceptical positions on the links between human activity and climate change, and ShareAction is now asking whether Shell will withdraw from other trade groups that lobby against effective climate legislation.