FRC UK Stewardship Code consultation: Hymans Robertson responds

Commenting on the Investment Consultants Sustainability Working Group (ICSWG) collective response to the FRC consultation, Chris O’Bryen, Investment Associate Consultant, Hymans Robertson, says:

“As signatories to the Code and members of the Investment Consultants Sustainability Working Group (ICSWG), we have provided input to, and are supportive of, the ICSWG’s collective response to the FRC’s consultation on the UK Stewardship Code. In a dynamic environment in the industry, particularly for stewardship teams, the Code’s function to set high stewardship standards and encourage continual improvement, is more important than ever. With this in mind, we believe that the definition of stewardship must not be weakened, and the Code should continue to focus on meaningful activity and outcomes.”