The US Department of Justice (DoJ) has expressed deep concerns over proxy advisor rule amendments proposed by the country’s financial regulator, warning the changes could quash competition in the advisory market and restrict …
Read More
One of the largest fund managers in Europe is pressing all companies in which it invests to employ the Taskforce for Climate-related Financial Disclosures (TCFD) framework to help boost their climate risk efforts.
The move is being seen as a …
Read More
Some of the world’s largest fund groups voted against nearly 90 per cent of ESG-related shareholder resolutions in 2019, despite overall investor support for these proposals climbing in the past five years, a …
Read More
UK pensions to pioneer mandatory climate change reporting
UK pensions are set to be the first in the world to be legally required to assess, and rectify, their exposure to climate change risk.
An amendment, including reporting requirements in …
Read More
Shareholders lack confidence to hold companies to account
Large swathes of shareholders are not voting on company resolutions because they do not believe their vote will make a difference, a report has suggested.
The astonishing finding, from a poll conducted …
Read More
French proposals to curb shareholder activism spark debate
The French government has been criticised for publishing a report suggesting a crackdown on shareholder activism.
The report, published at the end of last year, comes as shareholders keenly anticipate …
Read More
ESG ‘Greenwashing’ represents a real and growing threat in the sustainable investment arena, and as such asset owners should be on their guard against it, according to Julia Dreblow of SRI Services.
‘Greenwashing’ is where asset managers (or …
Read More
Industrial companies largely ignoring climate risks
The world’s largest industrial companies have been warned they have been “too slow” in curbing their carbon emissions.
The warning comes as a major report reveals less than a fifth of these high-emitting corporations …
Read More
Investors up in arms over SEC climate proposals
SEC chairman Jay Clayton has again come under fire for failing to go far enough on climate disclosures, as the regulator pushes to give company bosses yet more control over the information …
Read More
UK reporting watchdog issues diversity warning
The majority of the UK’s leading companies are failing to act on boardroom ethnic diversity, a major report by the Financial Reporting Council (FRC) reveals.
The report, which reveals most of the FTSE 350 …
Read More