Major investors demand change at Barclays
A group of investors has filed a landmark shareholder resolution with banking giant Barclays over its financing of fossil fuel intensive companies.
Eleven major institutional investors, including Brunel Pension Partnership and LGPS Central, together …
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Shortcomings in SEC proposals exposed
Minerva Analytics has written a no-holds-barred letter to the US Securities and Exchange Commission (SEC) stressing several major issues with the regulator’s proposed proxy adviser rules.
The letter, penned by Minerva CEO Sarah Wilson, makes …
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Companies face new reporting and governance targets
Companies have been urged to improve their corporate reporting and governance practices in a new report from the Financial Reporting Council.
The FRC published its Annual Review of the UK Corporate Governance …
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The chief of UN-backed Principles for Responsible Investment (PRI) has lashed out at the SEC and corporate lobby groups for trying to dampen investor rights.
In an opinion piece for the FT this week, chief executive of the PRI Fiona …
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Norwegian oil and gas giant Equinor is facing a significant showdown with investor activists as its bid to drill for oil in a well-known Australian beauty spot intensifies.
Under its proposals, Equinor wants to drill a 2.2km exploration well in …
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OECD applauds “game changer” forum on tax evasion
A massive jump in the number of countries trading information has pumped an extra €100bn into global tax revenues over the last decade – although some nations are still failing to join …
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The Financial Reporting Council (FRC) has published a new UK Stewardship Code which is due to come into effect on 1 January 2020.
The revised Code has set a higher standard for how money is …
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The annual Manifest Total Remuneration Survey is now out.
The average pay of the UK’s top CEOs has fallen by more than 10% to £5.1m, though concerns remain this figure is still too high.
The latest Manifest Total Remuneration Survey…
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A quarter of the UK’s biggest companies are failing to adopt the right remuneration polices to reward executive performance, according to a new study by The Purposeful Company, a management think tank.…
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A new poll shows that nearly half of investment professionals are struggling to adhere to the industry’s principal Code of Ethics.
CFA UK’s 2019 annual ethics survey – which comprised the views of nearly 500 investors – showed that while …
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