Shareholders back management on climate change
Shareholders in oil giant Shell overwhelmingly gave their backing to management and its approach to planning for a transition to a low carbon economy at its AGM this week (23rd May). The voting results…
Read MoreThe UK’s general election campaign highlighted workers rights and representation as well as executive pay.
With the main parties launching their manifestos this week the Conservative Party reiterated its commitment, that appeared in the government’s corporate governance green paper…
Read MoreIn the lead up to the AGM of the carmaker, Volkswagen (VW), last week (10th May) activist investor Hermes EOS recommended a vote against re-electing members of the management and supervisory boards and the revised remuneration policy.
Hermes …
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Shareholders in scandal-hit US bank Wells Fargo gave the company a signal of their dissatisfaction in voting at its recent AGM.
While the re-election of the directors was passed with the majority of votes cast the proportion in favour …
Read MoreGlobal mining group Anglo-American received strong support from shareholders for its remuneration policy as well as its remuneration report at its AGM this week.
The remuneration report gained 99% support while the policy – which is a binding vote – …
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Legal & General Investment Management (LGIM) will be using its shareholder vote at company AGMs to put pressure on companies to take action to respond to climate change and demonstrate they are taking measures to move to a low carbon …
Read MoreDirectors should be required to take their corporate governance and legal duties more seriously the House of Commons Business, Energy and Industrial Strategy select committee believes. The committee’s report on corporate governance was published this week.
While the MPs state …
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