Reflecting the materiality of corruption and risk to shareholders, and to mark International Anti-Corruption Day, (Monday, 9 Dec 2019) Minerva is announcing the inclusion of a new anti-corruption metric in its pre-AGM research reports. Alongside indicators for climate change, cyber-security and tax governance, the new corruption indicator and voting guidelines will help investors take an integrated approach to ESG voting and stewardship decisions.

Beginning in the 2020 voting season Minerva will flag those companies incorporated in countries with a high level of perceived corruption using Transparency International’s (TI) Corruption Perceptions Index (CPI).

via Shareholders pay the price for corruption | Minerva-Manifest