Starbucks

Starbucks shareholders sue over alleged stock inflation by $227 million

October 25th, 2024


Starbucks shareholders are suing the company’s executives, alleging they misled investors about future growth and revenues, which artificially inflated the stock buyback program.

Multiple shareholders have filed

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Ohio pension funds sue Boeing for safety failures

October 24th, 2024


Two Ohio pension funds have joined in a lawsuit against Boeing’s board of directors for failing to address ongoing safety issues that have harmed the company and its investors.…

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Cybersecurity

SEC fines four companies $7 million for “downplaying” cyberattack

October 23, 2024


An American regulator has charged and imposed penalties totalling $7 million on four companies for making misleading disclosures linked to the 2019 SolarWinds data breach.

The Securities and …

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Southwest dismisses shareholder proposal as an attempt to “maximise disruption”

October 18, 2024


Southwest Airlines has condemned a shareholder’s proposal to replace board members, calling it an “unnecessary and inappropriate” attempt to “maximise disruption.”

Elliott Investor Management, one of Southwest’s …

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Climate change

Canada to set mandatory climate disclosures for large companies

October 18th, 2024


Canada will set mandatory climate-related disclosures for large federally incorporated private companies, as part of two sustainable finance initiatives aimed at achieving net zero by 2050.

Deputy prime …

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responsible conduct

UK expectations of a ‘good business’ shift from profits to responsible conduct

October 17th, 2024


The UK public’s expectations on what defines a good business have shifted, with growing demands for companies to make a more positive impact, according to …

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Shareholder Proposals Quieten Down in Australia AGM Season

October 11th, 2024


As the Australian AGM season commences, this blog article by Stewardship Senior Analyst Thomas Bolger provides an in-depth analysis of recent trends in shareholder engagement.

Annual General Meetings are …

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sustainable mining, BHP Pit Mine, Australia,

Commission outlines investor actions needed for sustainable mining  

October 11th, 2024


A commission supported by investors managing over $15 billion in assets has outlined key actions investors can take to improve sustainability in the mining sector.

The Global Investor …

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Dutch Advertising Committee deems MSC Cruises’ adverts as greenwashing

October 11, 2024


The Dutch Advertising Committee has ordered MSC Cruises to withdraw its sustainability claims from advertisements, siding with a complaint filed by three environmental organisations.

Dutch activist groups Reclame …

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greenwashing, green misleading adverts

Toronto cracks down on misleading fossil fuel adverts

October 9th, 2024


The Toronto Transit Commission (TTC) has banned misleading fossil fuel advertisements in a move similar to the City of Toronto’s infrastructure committee’s recent decision.

The new policy aims to …

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