Institutional investors back IFRS’s proposal for ESG reporting standard

More than 450 asset managers and pension funds responded to a consultation on standardised reporting

Some of the world’s biggest pension funds and institutional investors are backing the International Financial Reporting Standards Foundation’s (IFRS) proposal for standardised sustainability reporting.

Last …

Read More
NYSE backtracks (again) on Chinese delistings

The exchange will drop three Chinese telecoms companies after criticism from the US Treasury

The New York Stock Exchange has decided to delist China’s three largest telecoms giants after reversing the decision just a few days earlier.

NYSE said it …

Read More
CII backs Nasdaq’s proposal to improve diversity on boards

Companies could be delisted if they fail to meet ‘comply or explain’ requirement

The Council of Institutional Investors (CII) has thrown its weight behind Nasdaq’s proposal that would require companies to disclose board diversity or potentially face delisting.

In a …

Read More

The FCA has set out how it will enforce new climate disclosure rules for UK listed companies.

The new rules will require all companies listed on the London Stock Exchange to …

Read More
Investors urge DoL to pull ESG proposals

Wisconsin Democrat wants to put investors back in charge

US Senator Tammy Baldwin has proposed new legislation that would reverse a final rule from the Department of Labor (DOL) to limit retirement plans from voting on corporate proxies.

On 11 …

Read More
Votes, voting

Emergency measures need more thought for the long term, survey finds

The shift to virtual AGMs as a result of the coronavirus pandemic has harmed shareholder rights, according to an influential retail investor lobby group.

As lockdown restrictions in most …

Read More
Luckin Coffee scandal

Coffee chain misdoings alerted regulators to potential irregularities with overseas companies listed in the US

Luckin Coffee will pay a $180m fine to settle accounting fraud charges as the US Securities and Exchange Commission (SEC) ramps up scrutiny of Chinese …

Read More
Asset managers are avoiding ESG shareholder resolutions

Asset managers are avoiding ESG shareholder resolutions

The biggest shareholders need to lead on proxy voting and public engagement, a leading NGO says.

Some of the world’s largest asset managers are not using their proxy voting rights to support sustainable

Read More
Companies plan to align ESG priorities with incentive plans

Companies plan to align ESG priorities with incentive plans

Investor pressure and recognition of benefits are driving the change

Companies around the world are accelerating their focus on environmental, social and governance (ESG) priorities as climate change and diversity issues

Read More
Chinese companies face US stock exchange delisting

Chinese companies face US stock exchange delisting

US lawmakers are ramping up pressure on Beijing’s oversight regime

Congress has passed legislation that could result in Chinese companies being delisted from US stock exchanges if they do not comply with accounting

Read More