US investors passed the first shareholder resolution in a decade at ExxonMobil when they voted to back the proxy access resolution at its recent AGM. The non-binding resolution called for the oil company to give investors that have jointly held …
Read MoreA group of institutional investors has called on companies to assess and report their climate-related risks within their annual report to shareholders, in the interests of prudent and long-term capital stewardship.
The position paper has been signed by Natasha Landell-Mills, …
Read MoreCampaigners from the pressure group, Campaign against the Arms Trade (CAAT), which is calling for the UK to stop selling arms to Saudi Arabia, took their fight to the BAE Systems AGM last Wednesday. CAAT had bought shares in the …
Read More…as the UK’s Financial Reporting Council finalises auditor rules
The Financial Reporting Council (FRC) has published final drafts of the latest UK corporate governance code and the associated guidance on audit committees so they will meet the requirements of forthcoming …
Read MoreThe 2016 AGM season started with major defeats for two FTSE100 companies. Last Thursday (14th April) oil giant BP and medical equipments supplier, Smith & Nephew saw their remuneration reports rejected by shareholders at their AGMs. At the BP AGM …
Read MoreInvestors vote on the first of three shareholder resolutions proposed at Rio Tinto, Anglo American and Glencore AGMs this week calling for reporting by these mining companies into how they are managing carbon emissions and investing in low-carbon energy research …
Read MoreRailpen veteran, Frank Curtiss, who was most recently been its head of corporate governance, has retired. The pension fund has been at the forefront of active institutional investment and was one of the first to vote actively on its equity …
Read MoreThe Investment Association (IA) has published an industry-wide Productivity Action Plan which it believes will boost the UK economy through long-term investment, helping to reverse the UK’s productivity problem. The action plan aims to encourage the provision of more long-term
The first-ever ranking of the world’s largest publicly listed companies on their human rights performance, the Corporate Human Rights Benchmark (CHRB) has been launched beginning with a pilot benchmark process. The final scores will be available in November this year.…
Read More