The PRI – Principles for Responsible Investment – project is calling on stakeholders and investors to take part in a series of initiatives it will be carrying out through out 2016 to mark its 10th anniversary. These will be reviewing its progress in getting responsible investing more accepted by mainstream investors worldwide and asking for […]
Read MoreIn a rare case of a CEO being personally held to account for corporate wrongdoing the former boss of US coal mining company, Massey Energy, Don Blankenship has been convicted of conspiring to violate US mining health and safety standards. These safety violations led to an explosion at one of its mines, Upper Big Branch in […]
Read MoreNew research from Manifest shows cyber governance risk gaps Despite recent high profile cyber-security breaches, new research by Manifest has found that 36% of the UK’s premium listed companies do not recognise cyber-security amongst their key risks to be disclosed to investors. Not taking cyber-security seriously can be a material cost for companies – the repeated problems […]
Read MoreThe world of corporate governance and shareholder voting appears to have plumbed new depths this week with charges of fraud being levied against a unit of RCS Capital Corp in relation to shareholder voting. http://www.sec.state.ma.us/sct/current/sctrealtycapital/Realty-Capital-Complaint-11-12-15.pdf According to the complaint, RCS employees used “fake accents” to pass themselves off as real shareholders in order to meet […]
Read MoreThe UK government has decided against regulating for pension trustees in order to help them distinguish between financial and non-financial factors in their investments believing that guidance now exists to assist trustees. The announcement followed a government consultation on specific recommendations contained in a Law Commission report into the fiduciary duties of investment intermediaries that […]
Read MoreThose of us familiar with Disney’s “Herbie” film series were perhaps not at all surprised at the recent travails to have hit VW. After all, if their cars can be intelligent enough to compete on their own in rally-car races, surely rigging the odd emissions test or two would be simple to do? Back in […]
Read Moreby Dr Rory Sullivan A huge industry has grown up on how companies can integrate sustainability into their communications with their investors. Many consulting firms and other organisations now offer advice on how to demonstrate organisational commitment to sustainability, on how to report, and on how to communicate effectively with investors. The specific recommendations being […]
Read MoreManifest’s friends GES invite you to their London 20th anniversary seminar and new website. GES celebrates its 20th anniversary by hosting a high-profile seminar in London exploring the future for Responsible Investment. At the same time, GES launches a redesigned website. Under the title “What works in ESG Engagement?”, GES has invited a number of […]
Read MoreNew research from Manifest’s US partner ProxyGovernance Inc reveals just how rapidly support is growing for E&S votes at US companies. For the first time, E&S resolutions have represented the largest portion of shareholder proposals. Although the number of resolutions has remained below 200, those resolutions with more than 30% support have seen an 8 fold […]
Read MoreThe International Organization for Standardization (ISO) has issued its draft international standard for social responsibility ISO 26000. The guidance in ISO 26000 draws on best practices developed by existing public and private sector social responsibility initiatives, according to ISO. ISO 26000 has been drawn up in consultation with many of the leading CSR thinkers and […]
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