Proposal tabled at Tyson Foods’ AGM following 39 employee deaths from Covid-19 BlackRock and Vanguard have voted in support of a human rights due diligence proposal, tabled at the recent Tyson Foods AGM. Filed by the American Baptist Home Mission Society, the proposal raised concerns that employees were being insufficiently protected from Covid-19 by the […]
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Edelman: ESG key to rebuilding investor trust post Covid-19 ESG criteria still championed by investors despite retrogressive attitude from policymakers Environmental, social and governance (ESG) will play a crucial role in rebuilding trust between companies and the investment community, the latest Edelman Trust Barometer has found. This comes after suggestions ESG was temporarily deprioritised by […]
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Investors ask SEC to intervene on Covid disclosures A group of investors have called on the Securities and Exchange Commission to force companies to disclose how the Covid-19 pandemic has affected their business operations. Representatives from 98 asset owners, fund managers, public interest groups, lawyers and trade unions, have asked the SEC to consider new […]
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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 in some instances – our data shows a significant drop in the number of meetings […]
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As the COVID19 lock-down continues, the UK’s Department for Business, Enterprise and Industrial Strategy has announced its intention to publish new regulations enabling companies to hold alternative AGMs for 2020. Speaking on Saturday, 28 March 2020, Secretary of State Alok Sharma, said that BEIS intends to introduce measures which will allow companies to hold AGMs […]
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Virtual AGMs: Time to prepare Companies, regulators and markets are increasingly realising that the AGM season will be severely disrupted by the COVID19 pandemic. As social distancing becomes the norm, traditional annual meetings where shareholders gather to hear CEO presentations and ask questions of management are simply no longer feasible. Minerva has written to quoted […]
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UK companies can delay submitting their accounts to Companies House without penalty for up to three months, the government has announced. The measure, the latest issued in the response to the Covid19 coronavirus outbreak, is aimed at reducing pressure on businesses already dealing with concerns around demand, employees and cashflow. Companies House Chief Executive Louise […]
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COVID19 Business Continuity Monday 16 March 2020 With effect from noon today, 100% of Team Minerva colleagues are working remotely. We are liaising closely with the Financial Reporting Council to determine the impact of COVID19 on UK AGMs, as well as taking note of global regulatory developments. In the meantime, all aspects of production continue […]
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