Author Archives: Editor

The US Council of Institutional Investors (CII) has voiced its opposition to aspects of the Republicans’ Financial CHOICE Act which was formally introduced by the House of Representatives’ Financial Services Committee Chairman Jeb Hensarling this week.

Hensarling believes the Act …

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Wells Fargo

Shareholders in scandal-hit US bank Wells Fargo gave the company a signal of their dissatisfaction in voting at its recent AGM.

While the re-election of the directors was passed with the majority of votes cast the proportion in favour …

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UK pension fund, Universities Superannuation Scheme, (USS) has called on the Dutch paintmaker AkzoNobel to engage constructively with its US rival PPG which has recently submitted a third bid for the company, AkzoNobel said it will consider the …

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Global mining group Anglo-American received strong support from shareholders for its remuneration policy as well as its remuneration report at its AGM this week.

The remuneration report gained 99% support while the policy – which is a binding vote – …

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Vanguard engagement stewardship

The United Nations Environment Programme (UN Environment) and the World Bank have launched a summary of their Roadmap For A Sustainable Financial System. The aim is to have a final roadmap agreed by October this year.

This …

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The revised Malaysian Code on Corporate Governance (MCCG) released by the Securities Commission Malaysia (SC) has been welcomed by the International Integrated Reporting Council. This follows a shift in the code’s reporting approach to embracing integrated reporting.

The …

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The charter signatories to the Best Practice Principles for Shareholder Voting Research & Analysis (the BPP Group), which includes Manifest, will review its principles by the end of 2017 following a public consultation overseen by Chris Hodge, the new …

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NEST has renewed its contract with the proxy voting and analysis firm Manifest as part of its ongoing commitment to act as a responsible steward of members’ money.

Commenting on the relationship between NEST and Manifest, NEST’s Paul Todd said, …

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climate-related financial disclosures

Legal & General Investment Management (LGIM) will be using its shareholder vote at company AGMs to put pressure on companies to take action to respond to climate change and demonstrate they are taking measures to move to a low carbon …

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The UK government should impose a duty on all companies to prevent human rights abuses with the failure to do so becoming an offence, the parliamentary joint committee on human rights has recommended in its report on human rights and …

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