Responsible investment advocacy group, ShareAction has called on US asset manager, Vanguard, to demonstrate its commitment to company engagement on climate issues by voting in favour of shareholder resolutions on climate risk at ExxonMobil and Chevron, in an open letter…
Read MoreAn international anti-corruption summit in London this week has led to an international communiqué in which countries have signed up to taking action to address corruption and reduce financial secrecy which hurts developing countries and their people. Participants also produced …
Read MoreCampaigners from the pressure group, Campaign against the Arms Trade (CAAT), which is calling for the UK to stop selling arms to Saudi Arabia, took their fight to the BAE Systems AGM last Wednesday. CAAT had bought shares in the …
Read MoreThe Dutch corporate governance code monitoring committee is currently revising its country’s corporate governance code – first released in 2003 – following a consultation on the proposed changes which ended last month. The committee is expected to publish the finalised …
Read MoreThe London Stock Exchange-owned FTSE Russell has launched the FTSE Divest-Invest index which will reduce investors exposure to fossil fuel companies while also increasing exposure within the index to companies engaged in the transition to a green economy.
FTSE Russell …
Read MoreMining group, Rio Tinto, which is dual-listed in the UK and Australia, avoided a large scale rebellion over its remuneration report although there was a higher level of dissension than in previous years. The voting results were announced following the …
Read MoreThe Financial Reporting Council’s pre-emption group (PEG) has released a report showing the progress of implementation of the Statement of Principles (principles), which were updated in 2015 to reflect market changes. The PEG found that the revised principles were largely …
Read MoreShareholders have again showed their discontent over excessive executive pay packages with large votes opposing remuneration reports and policies. Engineering company Weir lost its binding vote on its remuneration policy – with a 72% vote against – while at building …
Read MoreShareSoc, which represents individual investors, raised concerns about the regulation of the AIM smaller company market at the recent London Stock Exchange (LSE) AGM. The organisation’s director, Mark Bentley, accused the LSE of failing in its function as operator and …
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