legal action

September 18th, 2024


ExxonMobil has defended its legal action against shareholders, pledging to continue doing so to ensure that shareholder resolution processes are used responsibly and without causing harm.

Speaking …

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Pay. Businessman holds out british pound sterling money bag. Getting a grant. Mortgage, loan approval. Salary, benefits, profit. Attracting investments. Deposit savings. Banking and crediting. Easy Money.

Investors create tool to assess company pay policies with Minerva Analytics data

September 13, 2024


A group of UK pension funds have collaborated with the High Pay Centre to develop a free-to-access online tool that helps investors assess companies’ annual …

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Sustainable rules, sustainaility

FCA grants temporary flexibility for ‘naming and marketing’ sustainability rules  

September 12th, 2024


The Financial Conduct Authority (FCA) has offered firms temporary flexibility to comply with the ‘naming and marketing’ rules under its Sustainable Disclosure Requirements.

The rules require that …

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Climate plans

Investors urge 76 UK companies to hold climate strategy vote

September 11, 2024


A group of investors with $1.6 trillion assets under management have called on 76 FTSE 100 companies to present their climate transition plans for investor approval.

The …

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LPFA

LPFA appoints Minerva as vote monitoring service partner

September 9th, 2024


The London Pensions Fund Authority (LPFA), a £8 billion Local Government Pension Scheme (LGPS) fund with around 100,000 members, has appointed Minerva Analytics to provide additional insight …

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fiduciary duties

Republican attorneys claim asset managers are breaching fiduciary duties

September 6th, 2024


A group of 24 Republican attorneys has raised concerns about whether American asset managers are violating their fiduciary duties by outsourcing voting on environmental proposals to proxy advisors.…

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Coca-Cola

Court revives greenwashing lawsuit against Coca-Cola

September 6, 2024


The DC Court of Appeals has revived a lawsuit against Coca-Cola, alleging that the company’s marketing campaigns involved greenwashing, after the case was initially dismissed.

The international environmental organisation Earth Island …

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Salesforce

Salesforce to pay $1.35m to settle 401(k) plan misconduct lawsuit  

August 30, 2024


Salesforce has agreed to pay $1.35 million to more than 50,000 employees to settle two lawsuits that alleged the company of mismanaging its 401(k) plan, Pensions and

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fast fashion

ASN Impact Investors divests from fast fashion companies 

August 29, 2024


Dutch investor ASN Impact Investor has sold approximately €70 million worth of shares in fast fashion companies, after adopting a stricter sustainability policy.

It sold stakes in 12 companies …

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The Australian Competition and Consumer Commission or ACCC, an independent authority of the Australian government.

PRI, ACSI and ASFI call for focus on social factors in sustainability guidance

August 16th, 2024


Investor groups have urged the Australian Competition and Consumer Commission (ACCC) to include social factors in its draft guide to sustainability collaborations.

The draft

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