Furious Westpac shareholders have slapped a second strike on the bank, as investors confronted the firm for the first time since its child sex and money laundering scandals.
At the Australian bank’s AGM in Sydney on 12 December, an overwhelming …
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Nearly nine in 10 investment professionals doubt that climate risks are being correctly priced into company valuations, a major poll reveals.
The survey, conducted by the prominent Global Sustainable Investment Alliance (GSIA), found an overwhelming 87% of respondents do not …
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SEC chairman Jay Clayton has faced an extraordinary grilling over the fake investor letters he cited in ‘support’ of the regulator’s proxy advisor rule changes – with a prominent US senator telling him he was “duped”.
Clayton was finally forced …
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A group of investors are urging industry giants BlackRock and JPMorgan to review their proxy voting records amid concerns they don’t match the firms’ public declarations about climate change.
Mercy Investment Services and Boston Trust Walden have written to BlackRock …
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A major activist group has launched a petition to fight the SEC’s shareholder proposal rules – already securing nearly two-thirds of the 75,000 target signatories.
Credo Action, which represents millions of activists around the globe fighting for progressive change, warned …
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The SEC’s attempts to impose tough new regulations on proxy advisers have taken a sinister turn following revelations its chairman has been citing …
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One of America’s biggest pension fund groups has submitted shareholder proposals to three leading utility companies urging them to appoint an independent director as chairman.
New York City Retirement Systems, which comprises …
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Mining titan BHP is facing growing shareholder dissent over its close links with industry groups that support the fossil fuel industry – with over a quarter of its investors voting to end these affiliations.
At the Anglo-Australian mining group’s AGM held last week, 27.07% of shareholders voted …
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