Proxy Voting

Proxy preview: E&S proposals to rise in 2023

March 21, 2023


Despite average support for environmental and social shareholder proposals declining in FTSE 350 copmany AGMs in 2022, Minerva predicts that there may be a return to strength in 2023.  …

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A line of white figurines blocking out other figurines of differing colour, demonstrating the effect of systemic racial inequality

Racial justice audits set to rise in 2023

March 17, 2023


With 2022 being another record year for shareholder proposals on racial justice audits, 2023 looks set to continue the trend.

Analysts agree that the human and economic cost of …

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TCFD aligned Pension Funds, LGPS

Kansas anti-ESG bill could reduce pension returns by $3.6bn  

March 15, 2023


Kansas’ proposed legislation to prevent ESG considerations by public contractors could lower state pension system returns by $3.6bn over the next decade.  

The Protection of Pensions and Businesses …

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UK social taskforce members revealed

9 March 2023


Membership of the UK’s new social taskforce has been revealed, with Minerva Analytics part of this founding group.

Fifteen senior industry figures from across the pensions and engagement spaces have been named …

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Diversity

Do more on diversity, SEC urged by ex-chairs

7 March 2023


The Securities and Exchange Commission (SEC) could be doing more in its work to improve diversity within the US financial services industry, several of its former chairwomen have agreed.…

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Sustainability

UK watchdog consults on sustainability governance frameworks

February 17, 2023


The UK’s Financial Conduct Authority (FCA) has launched a discussion paper on the role of sustainability-related governance frameworks in finance.

As part of its commitment to creating a policy approach …

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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 …

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SEC lambasted over shareholder rights change as companies fail to meet ESG targets

SEC open to easing controversial climate disclosure proposal

February 15, 2023


Enhanced climate disclosure rules in the US could be subject to change after SEC chairman Gary Gensler admitted “adjustments” could be made.

The ‘Enhancement and Standardization of Climate-Related

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Women on FTSE 350 boards still to hit 33% target

ES issues gaining more support from female fund managers 

February 10, 2023


Female fund managers support environmental and social (ES) proposals more than governance proposals, according to the European Corporate Governance Institute (ECGI). 

The Voting Behaviour of Women-Led Mutual

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DoL, Department of Labor

Republicans challenge DOL’s ESG rule 

February 8, 2023


In the latest anti-ESG action taken in the US, Republicans in the Senate and House have filed joint bills to nullify the Department of Labor’s (DOL’s) new ESG rule for retirement plans.  …

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