Starbucks Corporation is set to become the latest company to face a proxy contest after a coalition of labour unions nominated directors for election to its board due to concerns over the firm’s approach to labour rights.
Read MoreCCGG warns law firm’s proposed by-law weakens shareholder rights October 20th, 2023 The Canadian Coalition for Good Governance (CCGG) has criticised a proposed bylaw that would give companies the ability to automatically postpone AGMs if votes against a director cross a certain threshold. The bylaw was proposed by law firm Norton Rose Fulbright Canada to […]
Read MoreMining company Glencore faces increased pressure from investors seeking greater transparency on how its thermal coal production aligns with the Paris Agreement.
Read MoreWoodside Energy has withstood investor backlash against inadequate climate policies at this year’s AGM.
Read MoreFifteen investor-led resolutions that took aim at company policies ranging from mistreatment of workers to nondisclosure agreements, failed to pass after majority of Amazon shareholders voted against them.
Read MoreWith Australian AGM season around the corner, ESG issues look set to take centre stage as shareholder activism on environmental and social issues increases. This blog article is based on analysis from Minerva’s upcoming Australia Peak Season Preview briefing – contact hello@minerva.info for more information.
Read MoreFurious Westpac shareholders have slapped a second strike on the bank, as investors confronted the firm for the first time since its child sex and money laundering scandals. At the Australian bank’s AGM in Sydney on 12 December, an overwhelming 35% of shareholders voted against the company’s remuneration report – resulting in a second strike. […]
Read MoreAudit-related voting dissent still rare When it comes to audit-related voting, shareholders have traditionally paid less attention to audit issues than other governance issues. Using Minerva’s VoteWatch module, this week we’re looking at two topical cases: Lonmin plc and SIG plc. At platinum mining group Lonmin plc’s 2018 AGM 49.2% of the shareholder ballot withheld […]
Read MoreBlue Prism Group is overhauling its remuneration structure for the coming year with an increase in pay opportunity and the introduction of new long-term incentive awards. As Blue Prism is listed on AIM the company is not required to put its forward-looking remuneration policy to shareholders for approval, although they are offered a non-binding vote […]
Read MoreAIM & remuneration disclosure: still room for improvement Unlike their main market peers, AIM companies are not obliged to follow the detailed legislation surrounding executive pay practice. After AIM Rule 26 was changed in March 2018, they now just have to disclose which governance code they follow. For many, that will be the QCA Governance […]
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