Companies Archives

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 …

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, …

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 …

BlackRock and Vanguard support human rights proposal

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 …

Investors back EU plan for human rights due diligence rules

The Investor Alliance for Human Rights wants mandatory, rather than voluntary, reporting and due diligence rules for corporations

The Investor Alliance for Human Rights has called for EU companies to …

Sustainability standards consolidation draws closer

IFRS Foundation seeks to launch sustainability standards board

In response to growing demand for global standards as sustainability becomes ‘business as normal’ in financial reporting, the International Financial Reporting Standards (IFRS) Foundation is taking action …

Purpose can help companies improve stakeholder confidence

Experts discussed the importance of purpose at The Investor Forum’s 2021 annual webinar

Companies that focus on purpose have a more comprehensive understanding of value creation and sustainability, which can increase stakeholder confidence …

SEC creates new senior climate change role

Regulator likely to pursue policies to incorporate climate risk as part of corporate disclosures

President Joe Biden’s pledge that his inauguration would mark a sea change for climate policy is already in action …

Regulators warn Covid-19 could delay UK company reporting

Impact of lockdowns could hold up verification of financial accounts

Regulators are warning that reporting of annual results for listed companies could be delayed because of the coronavirus pandemic.

The Financial Conduct Authority (FCA) and the Financial Reporting Council (FRC) …

M&S takes action on China over human rights

The company will no longer use cotton from China’s Xinjiang region

Marks & Spencer has become the first top-tier UK clothing company to formally announce it will cut all ties with suppliers that are connected to the forced labour of …