ESG Clarity: ACT framework backed by 15 investment managers

City Hive has confirmed it has launched its ACT framework – standing for Action, Challenge and Transparency – with founding signatories from groups representing $6.5trn in assets under management.

As outlined in the March issue of the ESG Clarity digital magazine, ACT is a standard that “enables a company to really look at where they might have gaps and to transparently report to professional fund investor,” City Hive CEO and founder Bhavini ‘Bev’ Shah, and member of the ESG Clarity Committee, said in the interview.