Activism Archives

Santos shareholders vote against CEO incentive

A quarter of shareholders of Australian energy company Santos have voted against the company’s executive pay plans, according to Reuters.

Activist investors pressure oil majors for emissions reductions

A record number of climate-related shareholder votes are expected to be filed with major oil and gas companies in 2022, according to S&P Global Market Intelligence.

Campaign finds Western energy companies maintain Russian JVs

German environment and human rights NGO Urgewald and the Russian environment NGO Ecodefense have called on foreign companies to halt their coal, oil and gas production in Russia

RBC faces shareholder resolution over sustainability-linked debt

A shareholder advocacy group has filed a resolution with the Royal Bank of Canada (RBC) regarding the bank’s use of sustainability-linked debt.

Investors still ignoring deforestation, report finds

Nearly three-quarters of financial companies do not have a deforestation commitment for all relevant commodities in their supply chains, according to a new report from non-profit organisation Global Canopy.

Australia pushes ahead with proxy reforms

The Australian government has introduced a new regulation to reform proxy voting advice services.

Science Based Targets Initiative launches net-zero standard for corporates

Science Based Targets Initiative launches net-zero standard for corporates AstraZeneca joins the growing number of companies to have emissions targets certified The Science Based Targets Initiative (SBTi) has launched a corporate standard for assessing and achieving net-zero carbon emissions. The standard is the first of its kind, according to SBTi, which helps businesses to set […]

Australia AGM Season – Diversity in focus

The fourth edition of the Australian Stock Exchange’s Corporate Governance Principles strengthened its recommendations around board diversity.

Climate Stewardship – Have your say

Left unabated, the global costs of climate inaction are equivalent to losing between 5 and 20% of global gross domestic product each year, now and forever. Achieving the goals of the Paris Agreement and the UN SDGs requires a shift in investments of US$5 to US$7 trillion per year until 2030, with climate-related costs of inaction valued at US$1 trillion per year.