Executive Pay the most talked about issues in Corporate Governance

Amazon shareholders vote against socially-focussed resolutions


May 27, 2022

On May 25th 2022, 15 investor-led resolutions, that took aim at company policies ranging from mistreatment of workers to nondisclosure agreements, failed to pass after the majority of Amazon shareholders voted …

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Due Diligence

Civil society groups call for stronger corporate sustainability due diligence


May 27, 2022

Following the European Commission’s proposal for a directive on Corporate Sustainability Due Diligence, over 220 civil society groups have signed a joint statement calling for the proposal …

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SEC forms climate and ESG taskforce

SEC fines BNY Mellon over false ESG statements


May 27, 2022

On May 23rd, 2022, The Securities and Exchange Commission (SEC) charged BNY Mellon Investment Advisor, Inc. for misstatements and omissions about ESG considerations in undertaking investment decisions for mutual …

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Consumer groups slam attempt to delay SRD II

Shareholders push back against TotalEnergies


20 May, 2022

The coalition has accused TotalEnergies of being “neglectful” of shareholder rights.

A shareholder coalition has stated it will vote against TotalEnergies’ executive pay and sustainability and climate progress report after the company …

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BHP faces shareholder anger over fossil fuel

Woodside shareholders back merger with BHP


20 May, 2022

Shareholders were less supportive however of the company’s climate plan.

Woodside Petroleum’s shareholders voted 98.66% in favour of a merger with BHP’s petroleum arm at the company’s AGM.

The merger would …

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EU, European Parliament

EU to crackdown on greenwashing in green bonds


20 May, 2022

The proposals seek to bring in standards, as there is currently no uniform green bond standard in the EU.

The EU Parliament’s Economic and Monetary Affairs Committee have proposed

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Icahn

Activist investor pressures Mcdonald’s on supply chain abuses


13 May, 2022

Recent claims on pork production “pull wool over eyes” of investors, Icahn

Activist investor Carl Icahn has written to fellow McDonald’s shareholders taking issue with the company’s continued failure …

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SEC urged to unleash sweeping changes to proxy system

SEC extends comment period on climate risk consultation


13 May, 2022

Deadline for comments on The Enhancement and Standardization of Climate-Related Disclosures for Investors, now 17 June 2022.

The Securities and Exchange Commission (SEC) has extended the comment period for …

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SBTi

SBTi warns Asset managers over passive fund emissions


May 13, 2022

To have targets approved by the SBTi, asset owners must include passive funds in carbon estimates.

The UN-backed Science Based Targets initiative (SBTi) has warned asset managers should prepare …

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Vale

SEC charges Brazilian mining company over safety claims

May 6, 2022


The charges follow the deadly Brumadinho dam collapse in January 2019. 

The Securities and Exchange Commission (SEC) has charged Brazilian mining company Vale S.A. with making “false and misleading” …

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