Corporate bondholders have new stewardship guidance from the Institutional Investors Group on Climate Change to get more of them involved in greenhouse gas emissions reduction efforts.

Released Thursday, the Net Zero Bondholder Stewardship Guidance – IIGCC could also correct a perception of poor stewardship practices, said Chandra Gopinathan, chairman of IIGCC's bondholder stewardship working group and senior investment manager for the £35 billion ($44 billion) U.K. pension fund Railpen, in the news release.