Author Archives: Liz Pfeuti
Santos

Santos shareholders vote against CEO incentive

May 6, 2022


Continued shareholder resistance against Santos could result in a call to oust the board

One-quarter of shareholders in Australian energy company Santos have voted against the company’s executive pay plans, …

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Shareholder activism

Activist investors pressure oil majors for emissions reductions


April 29, 2022

2022 proxy voting season to get underway after 2021 saw some successes for activist investors.

A record number of climate-related shareholder votes are expected to be filed with major …

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StanChart boss pay slashed 29%

Standard Chartered fined record £46.55m by PRA


April 29, 2022

UK regulatory body the Prudential Regulation Authority (PRA) has issued Standard Chartered Bank with a £46.55 million …

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GSK

GSK’s UK workers vote for industrial action over ‘derisory’ pay offer


April 29, 2022

The pay offer dispute comes after GSK made significant profits in 2021 and gave its CEO a 17% pay rise.

The UK workers of pharmaceutical giant …

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Carbon emissions, net-zero

SBTi launches ‘Foundations’ paper to help FIs meet net-zero targets


April 22, 2022

The paper will provide financial institutions with net-zero solutions aligned with 1.5°C.

The Science Based Targets initiative (SBTi) is publishing a new ‘Foundations’ paper that provides financial …

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FCA

FCA finalises rules on board diversity for listed companies


April 22, 2022

Firms to disclose evidence of meeting diversity targets or explain the failure to comply.

UK regulator the Financial Conduct Authority (FCA) has finalised rules that will mandate regulated, …

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Canada Parliament

Canada sets out mandatory climate disclosure plans in 2022 Budget


April 15, 2022

Financial institutions will be required to publish climate disclosures aligned with the TCFD framework.

Canada is set to introduce mandatory climate disclosures for banks and insurance companies …

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Rio Tinto

Mining giant Rio Tinto loses investor votes in AGM


April 15, 2022

Rio Tinto is under fire from investors following a lack of clarity about climate change risks, questionable audit committee performances, and reports of sexual harassment and bullying.

Investors …

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Russian oil

Campaign by NGOs Urgewald and Ecodefense also identified JPMorgan Chase as the top foreign bankroller of Russian oil and gas.


April 8, 2022

German environment and human rights NGO Urgewald and the Russian environment NGO Ecodefense have called on foreign …

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Netherlands

Netherlands to overhaul corporate governance code


8 April, 2022

The Netherlands is currently consulting on changes to its corporate governance code, including plans to better integrate ESG factors.

The country’s Corporate Governance Code Monitoring Committee is seeking input on updates …

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