petrobras

Oil giant Petrobras’ chairman Pietro Adamo Sampaio Mendes has been reinstated to his role after being suspended this week following allegations of non-compliance with the requirements of the company’s bylaws.

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CLIMATE

The Sustainability Standards Board of Japan (SSBJ) has issued a proposal of its Sustainability Disclosure Standards to be applied in Japan, aligned with the International Sustainability Standards Board (ISSB).

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Activist investor Nelson Peltz has lost his proxy fight against Disney after shareholders voted to re-elect the full board.

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climate rules

The Securities and Exchange Commission (SEC) will face further legal action over its climate disclosure rule.

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oxfam

Oxfam America has released its corporate driven inequality report alongside its corporate inequality framework to help investors analyse how companies in their portfolios contribute to inequality.

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Environmental, Social and Corporate Governance. ESG concept. Banner with letters and icons in circles. Eco-friendly infographic. Vector illustration

Opposition to ESG investment in the US could reach Europe, Norges Bank Investment Management (NBIM) CEO Nicolai Tangen has warned.

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Standards compliant check, Quality assurance

The International Corporate Governance Network (ICGN) said it is “concerned” over the UK Financial Conduct Authority’s (FCA’s) planned reforms to the UK’s listings regime.

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New regulations

The UK, Japan, the International Sustainability Standards Board (ISSB) and International Internal Audit Standards Board (IIASB) have all published updates on stewardship regulatory reforms.

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Voting rights

ICEV warns dual-class shares will harm investor interests December 1st, 2023 A report by the Investor Coalition for Equal Votes (ICEV) on unequal voting rights has urged companies with dual-class share structures to switch to single-class to equalise investor voting rights. A dual-class share structure involves a company issuing two share classes – one typically […]

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The Minerva 2023 Proxy Review will be published later this month highlighting the impact of the uncertain geopolitical climate has had on investor voting this year.

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