New nonprescriptive guidance from the UK Financial Reporting Council (FRC) contains suggestions for some of the types of information organisations may wish to include in reporting to help explain their approach to stewardship.
“The UK Stewardship Code 2026 establishes the principles of effective stewardship and sets a high standard of transparency for asset owners, asset managers, and their service providers,” a news release said. “Reporting under the code enables organisations to demonstrate how their stewardship activities contribute to create long-term sustainable value for clients and beneficiaries.”
The code was updated in June in response to stakeholder feedback. The guidance published Thursday by the FRC is finalised and reflects the “flexible nature of the code”, the release said. That flexibility, according to the release, allows for differences in organisation size, structure, and investment strategy.
Throughout 2026, the FRC said, it will engage with signatories to support their transition to reporting against the updated code.
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