The theme of International Women’s Day this week (8th March) was a Pledge for Parity, trying to achieve equal opportunities for women globally. The World Economics Forum said it will be 117 years before women have the same career prospects as men. However, recent research it has carried out shows that what has changed is that gender equality […]
Read MoreAlthough the pace of change is slow female representation on European boards and executive committees at 220 organisations across 11 sectors is growing, according to the latest research from think-tank New Financial. The percentage of women on boards has increased three percentage points to 23% compared to a year ago, and female representation on executive committees […]
Read MoreChemring Group, a specialist designer and manufacturer for the aerospace, defence and security industries, that was forced to engage with shareholders last year following a high level of dissent at its AGM over its remuneration practices may still not have done enough to meet investor concerns. Last year there was a large 48.02% vote against its […]
Read MoreAustralian human rights campaigners are warning investors of the risks Spanish multinational infrastructure operator, Ferrovial, could face if its takeover bid of Australian firm Broadspectrum is approved. This company is the Australian government’s lead contractor in the operation of its controversial offshore detention centres (ODCs) in Nauru and Papua New Guinea. A report has been produced for investors, financiers, clients […]
Read MoreUS companies who have successfully replaced their chief executives (CEOs) were far more likely to have provided shareholders with more disclosure about their CEO succession plans, according to a study by the Investor Responsibility Research Center Institute (IRRCi). However, these are a minority of companies as the report also found that nearly a quarter of companies that changed […]
Read MoreSir Stelios Haji-Ioannou has used Easygroup’s, 12.6% stake in African no-frills airline, Fastjet, to call an extraordinary meeting (EGM) which seeks to remove its chief executive, Ed Winter, and its general counsel and company secretary, Krista Bates. The EGM resolutions seek Winter’s removal as a director as well as chief executive and for Bates to be removed as a […]
Read MoreLeading mutual funds and pension funds so far have taken little action to curb the pay of chief executives (CEOs) in the US according to a report by As You Sow, a non-profit organisation that promotes environmental and social corporate responsibility through shareholder advocacy. The report identifies the S&P 500 CEOs which its believes are the 100 most overpaid […]
Read MoreActivist investors in the US were watching the outcome of shareholder resolutions at the annual general meeting (AGM) of technology giant, Apple, on Friday (26th February). One of the proposals was seeking greater powers for investors to be able to nominate their own directors and this to be voted on by shareholders at their AGMs, so-called […]
Read MoreThe United Nations Environment Programme Finance Initiative (UNEP FI), the Principles for Responsible Investment (PRI), and The Generation Foundation, the advocacy initiative of Generation Investment Management, have launched a three year project which aims to persuade investors to take full account of material sustainability factors in their investment practices and to see this as their clear fiduciary duty. […]
Read MoreThe UK government is consulting on how to incorporate the EU’s Non-Financial Reporting Directive into UK law and into the UK’s current company reporting framework. This amends an earlier directive and requires companies, with more than 500 employees, to disclose specific non-financial information as part of the company reporting. The aim is to provide investors and other stakeholders with a more […]
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