Stewardship code

A stewardship code is a set of principles and guidelines designed to encourage institutional investors to act as responsible stewards of their investments. It outlines best practices for engaging with companies on issues such as governance, environmental impact, and social responsibility. 

The first stewardship code was introduced in the United Kingdom in 2010, with the objective of enhancing transparency and accountability by guiding investors on how to effectively oversee and influence the companies they invest in, ensuring that their actions align with the long-term interests of beneficiaries and stakeholders.