Author: Wilma Rix

Updated PLSA Stewardship and Voting Guidance focuses on climate, pay, the workforce and diversity

The UK's Pension and Lifetime Savings Association has published updated Stewardship and Voting Guidelines for 2023. 

As was the case last year, the new guidance is focussed on the topical issues of climate change, executive pay, and the encouragement of diversity. The commentary has been updated to reflect recent developments. It emphasises the importance of planning for a climate transition and workforce considerations, in particular, the effects of the economic and cost-of-living crisis and that there is more work to be done to increase diversity within business leadership.