UK govt extends AGM leeway to end of 2020
The UK government has extended flexibility over AGM rules, meaning companies will be able to hold such meetings in Covid-safe fashion until the end of the year.
This temporary adjustment to …
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Slow progress on gender diversity in boardroom
Female representation at boardroom level has been boosted by companies’ voluntary targets but there are still too few women in leadership positions.
The latest data from the government’s Hampton-Alexander Review, a body …
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SEC lambasted over shareholder rights change as companies fail to meet ESG targets
The US Securities and Exchange Commission (SEC) has come under fire from investor groups after it voted to adopt amendments to its shareholder proposal rules.
In what …
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Lost Votes – concern mounts over corporate governance in Japan
Corporate governance has come under the spotlight in Japan after one of its biggest providers of shareholder services said it may have miscounted investor votes at almost 1,000 companies ahead …
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Investors urge companies to account for climate-related risks
The impact of climate change risks on company profits and assets is now so high that it should be included in their financial reports, according to a group of investors.
The investors, …
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Global standard-setters unite on sustainability reporting
Five leading global reporting standard-setters have agreed to work together to develop a comprehensive sustainability reporting regime for companies.
The breakthrough was announced on 11 September in a joint statement from the CDP, the …
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Investor group urges SEC to reopen proxy rules comment period
A group of investors is calling on the SEC to reopen the comment period on amendments to shareholder proxy rules after new data was submitted by its Division of Economic …
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EU-wide push expected on corporate long termism
New legislation and heavier enforcement actions could be on their way for EU companies following fresh concerns they are neglecting long-term value creation for shareholders.
Entitled, ‘Study on directors’ duties and sustainable …
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UK-listed companies offered Covid-19 issuance lifeline
UK-listed companies hit by Covid-19 are being given an additional lifeline as the Pre-Emption Group (PEG) extends the easing of its issuance guidelines, allowing more share capital to be raised from shareholders.
The …
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DoL questions purpose of shareholder voting
The US Department of Labor (DoL) has thrown a new curveball into its approach to governing shareholder rights, questioning the need for asset owners to have their voices heard by companies at all.
Following …
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