Boardroom woes sees more departures from EasyJet
Further turmoil has gripped budget airline EasyJet after two board members announced their departure amid the ongoing bitter row between the leadership team and founder Stelios Haji-Ioannou over a plane order.
EasyJet ordered …
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Report: Fossil fuel bank lending could torpedo capital markets
Rules governing lending to fossil fuel-intensive companies need tightening to protect investors and the financial stability of capital markets, a report has warned.
In its report, Breaking the Climate Finance Doom …
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The US risks falling further behind the UK and Europe unless rules governing reporting requirements for issuers around environmental, social and governance factors are updated.
That was the conclusion …
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BlackRock has shown it can get serious with portfolio companies, this week cranking up the pressure on Exxon Mobil by voting against the re-election of several of the company’s leadership team.
Citing insufficient …
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Norway’s Government Pension Fund Global (GPFG), the world’s largest sovereign wealth fund, has announced the exclusion of 11 companies from its NOK10.1trn (£818.5bn) portfolio on environmental grounds.
Following advice from its ethics council, Norges Bank Investment Management (NBIM), which manages …
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Energy giant Total has committed to achieving net zero carbon emissions by 2050 or sooner, following engagement with leading investors through Climate Action 100+.
The agreement means all Europe-based oil and gas majors are now working towards the net zero …
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A former senior judge and leading US advocate for workers’ rights has joined law firm Wachtell, Lipton, Rosen & Kratz.
Leo Strine, a former Delaware Supreme Court Chief Justice, is known for arguing that corporations should focus more on their …
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The 2020 AGM season will be one of the most challenging in years.
Social distancing requirements mean shareholder meetings must take place remotely, with less flexibility for investors to pose questions to boards.
There have already been delays to meetings …
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Energy giant Shell has committed to taking new action on climate change, including achieving net zero emissions within the next 30 years.
The commitment follows engagement with investors as part of Climate Action 100+, the initiative led by the Church …
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Neuberger Berman has become one of the first major asset managers to commit to advance proxy voting disclosures.
It announced this week that it would publicly state beforehand how it plans to vote …
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