StanChart boss pay slashed 29%
CEO Bill Winters’ pay packet has been reduced to £3.8m
The CEO of Standard Chartered has seen his pay packet slashed by 29% with the bank reporting heavy profit falls due to the fallout from …
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Norwegian SWF gets active in activism
The fund voted in 98% of shareholder meetings for portfolio companies
Norges Bank Investment Management, responsible for portfolio allocation of the world’s largest sovereign wealth fund, met with nearly 3,000 companies last year as …
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SEC reviewing decade-old climate disclosure rules
Original rules on climate-related disclosure were originally published in 2010
The Securities and Exchange Commission (SEC) is reviewing its climate-related disclosure rules for companies, which have not been updated since 2010.
In a statement, …
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FTSE companies finally hit 33% target for women on boards
Mission accomplished, but more needs to be done
More than one-third of board positions at FTSE 350 companies are now held by women, according to the final Hampton-Alexander Review report, …
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Toshiba finds no evidence of pressuring Harvard over AGM vote
Largest shareholder Effissimo wants independent probe
Toshiba has found no evidence it was involved in trying to influence the Harvard University endowment fund over voting at its AGM, following an …
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Gender pay gap reporting petition gathers pace
Petition calls for reinstatement of mandatory reporting in April
Decades of work on closing the gender pay gap could be at stake if mandatory reporting is shelved, according to a petition calling on …
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Latest bfinance survey reveals greater adoption but challenges persist
Most asset owners now rank ESG considerations as important to their investment strategies, including how they are implemented, according to a recent survey by bfinance.
This change in attitude was recorded …
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Marty Walsh is a champion of sustainable investment
Controversial rules that make it harder for US pension plan fiduciaries to make sustainable investment decisions could be reviewed if President Biden’s Labor Secretary nominee takes the helm. Marty Walsh, a Democrat …
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Proposal tabled at Tyson Foods’ AGM following 39 employee deaths from Covid-19
BlackRock and Vanguard have voted in support of a human rights due diligence proposal, tabled at the recent Tyson Foods AGM.
Filed by the American Baptist Home Mission …
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