Wizz Air faces high dissent over remuneration
July 30, 2021
Wizz Air Holdings held its AGM on Tuesday and received high dissent on remuneration due to the proposed introduction of a Value Creation Plan. The VCP is a five-year plan …
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PRI signatories outperform non-signatories, report shows
CEM Benchmarking research reveals higher returns and lower costs for signatories
July 30, 2021
Asset owners that have signed up to the Principles for Responsible Investment (PRI) experienced better performance and lower costs than …
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IOSCO considers rulebook for ESG data providers
July 30, 2021
Providers of data and ratings for environmental, social and governance (ESG) factors could come under an explicit international regulatory framework to ensure consistency, according to a new report from the …
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SEC chair sets wheels in motion for mandatory climate risk disclosures
World’s largest equity market steps closer to unlocking environmental company data
July 30, 2021
The chair of the US Securities & Exchange Commission (SEC) has asked staff to develop …
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Australia confronts Jobkeeper profiteering amidst disclosure concerns
July 23, 2021
With Australian proxy season preparations now underway, the Australian federal authorities are looking to introduce a public register of companies that use the government’s JobKeeper programme. Debates around the …
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Boardroom diversity improves financial performance
July 23, 2021
Higher stock returns and more social justice come from boardroom diversity, Financial Reporting Council says
Businesses that encourage boardroom gender diversity achieve better financial results, new research has found.
The report from …
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FCA lambasts ‘poor quality’ ESG product design
UK watchdog outlines guidance to improve sector credibility as asset managers rush to launch new products
July 23, 2021
The UK’s Financial Conduct Authority (FCA) has hit out at “poor quality” product applications …
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TCFD recommendations ‘lack feasibility for pension funds’
Technical gaps and weaknesses risk “carbon washing” of funds, warns the Transition Pathway Initiative
July 23, 2021
UK-based asset owners have warned that the Task Force on Climate-related Financial Disclosures (TCFD) portfolio alignment …
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Biden signs executive order to curb anti-competitive industries
The wide-ranging order aims to promote competition within a range of sectors and follows an uptick in M&A activity
July 19, 2021
US President Joe Biden has signed an executive order targeted at clamping down …
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