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Insurer and investment company, AXA, has taken the decision to stop investing in tobacco companies, due to the public health risks of smoking.
AXA said that as a responsible investor and health insurer it had considered that increasingly healthcare was …
Read MoreA group of institutional investors has called on companies to assess and report their climate-related risks within their annual report to shareholders, in the interests of prudent and long-term capital stewardship.
The position paper has been signed by Natasha Landell-Mills, …
Read MoreShareholder resolutions requesting reporting on how oil companies ExxonMobil and Chevron will adapt to climate change targets received record investor backing at their AGMs last week (25th May), according to US pressure group, Ceres.
The resolution that would have required …
Read MoreAchieving greater board diversity to improve company performance was the most pressing concern of respondents to the UK’s Financial Reporting Council’s (FRC) succession planning consultation.
The FRC’s feedback statement on the consultation found that respondents believed that boards as a …
Read MoreFerrexpo, which manufactures iron ore pellets which are used in the steel industry, has received a high level of opposition from shareholders to a number of resolutions at its AGM this week (19th May) including those relating to the appointment …
Read MoreUS legislators held a hearing recently (17th May) which considered possible bills which they believe would improve US financial transparency, regulation and capital market formation, including a proposal “To improve the quality of proxy advisory firms for the protection of …
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