UK: The PRI welcomes the FRC’s efforts to provide clearer, more practical guidance that enhances the Code’s utility.

The FRC has released the 2026 UK Stewardship Code after an extensive consultation period engaging over 1,500 stakeholders. Alongside the new Code, the FRC released guidance in draft form offering a period for informal feedback.

The guidance will be a living document, updated over time to address signatories’ needs and evolving stewardship practices. It is important to note that the guidance is not prescriptive and is optional for signatories to the Code to use.

The PRI welcomes the FRC’s efforts to provide clearer, more practical guidance that enhances the Code’s utility.

Read our response in full below.

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