Southwest dismisses shareholder proposal as an attempt to “maximise disruption”

October 18, 2024


Southwest Airlines has condemned a shareholder’s proposal to replace board members, calling it an “unnecessary and inappropriate” attempt to “maximise disruption.”

Elliott Investor Management, one of Southwest’s …

Read More
Two boxing gloves punch. Light on cloudy sky. Box, power, fight symbols.

Flatout at flatex? Demands for leadership change at June’s Virtual AGM

May 17th, 2024


A high-stakes shareholder fight has broken out at Germany’s fintech brokerage flatexDEGIRO AG. After a flurry of senior management changes, twenty percent shareholder, GfBk Gesellschaft für …

Read More
diversity

CalSTRS revises corporate governance principles

January 19th, 2024


The California State Teachers’ Retirement System (CalSTRS) has adapted its corporate governance principles to include company’s workforce as an issue for engagement.

The new report outlining CalSTRS corporate governance principles includes four …

Read More
sustainability climate change

CalSTRS votes against 2,035 boards for inadequate climate risk disclosures 

August 18th, 2023


The California State Teachers’ Retirement System (CalSTRS) escalated its efforts to hold global companies to account after they did not provide sufficient climate risk disclosures to …

Read More
Cologne,,Germany,-,August,25,,2016:,Toyota,Dealership,Sign,Against

Toyota facing investor climate transparency push

May 16, 2023


Japanese car giant Toyota is being urged to strengthen its reporting around climate change activities, after a proposal was successfully added to its upcoming Ordinary General Meeting.

Proposed Resolution 4, …

Read More
IASB

March 28, 2023


The International Accounting Standards Board (IASB) has begun evaluating how companies can improve their climate-related risk reporting.

The new project, launched under the purview of the International Financial Reporting Standards Foundation (IFRS), …

Read More
Shell Logo

Shell board sued over “fundamentally flawed” climate transition strategy

February 16, 2023


British oil giant Shell’s board of directors are being personally sued over an alleged failure to manage climate risks facing the company.

The civil action has been brought …

Read More
Median CEO pay falls, but is this the full story?

Executive pay rebounds despite investor concerns


August 19, 2022


Executive pay has rebounded across public and private sectors over the course of 2021, an Australian Public Service Commission report has confirmed, despite the issue being front of mind for investors …

Read More
Tesla showroom

Tesla overcomes activist investors at AGM


August 11, 2022

One resolution on appointments overcame board concerns

Tesla shareholders have broadly voted in line with board recommendations, rejecting proposals centred on the environment and business governance issues.

In total, only three …

Read More
aerial view of a forest

TNFD launches second version of beta framework 


June 30, 2022

 Includes TNFD’s approach to metrics, specific sector guidance, and additional guidance to support pilot testing. 

The Taskforce on Nature-related Financial Disclosures (TNFD) has released the second beta version of …

Read More