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 …
Read More
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 …
Read More
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, …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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 …
Read More
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) …
Read More