CalPERS reinforces commitment to shareholder engagement July 19th, 2024 The California Public Employees’ Retirement System (CalPERS) has reasserted the importance of shareholder rights following ExxonMobil’s AGM. Speaking at the Investment Diversity Exchange conference, CalPERS’ CEO Marcie Frost said its rift with ExxonMobil presented an opportunity to be “courageous”, Pensions and Investments reports. She said that […]
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Shareholders at both McDonald’s and Exxon Mobil have voted against key ESG-related proposals at recent annual general meetings, despite prominent campaigns by institutional investors.
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