proxy voting Archives

Proxy voting services will not fall under SEC jurisdiction

Proxy voting services will not fall under SEC jurisdiction February 29th, 2024 A federal court has ruled in favour of a challenge to the Securities and Exchange Commission’s (SEC’s) rule classifying proxy voting research services as a “solicitation”. The court ruled in favour of the Institutional Shareholder Services’ (ISS’s) challenge to the rule, which placed […]

PLSA uses Minerva’s briefing as supporting evidence for their voting guidelines

The Pensions and Lifetime Savings Association (PLSA) used Minerva Analytics data as supporting evidence for its voting guidelines.

NZAOA warns entire economic system is at risk

The Net-Zero Asset Owner Alliance (NZAOA) has warned that asset owners would only be able to meet their clients’ net zero aspirations through climate stewardship.

Pensions not protecting people from climate-related financial risk

Pensions funds are failing to protect their beneficiaries from climate-related financial risk, according to a new report by Sierra Club, Stand.earth, and Stop the Money Pipeline.

CalSTRS revises corporate governance principles

The California State Teachers’ Retirement System (CalSTRS) has adapted its corporate governance principles to include company’s workforce as an issue for engagement.

Proxy preview: E&S proposals to rise in 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.

Australia proxy season keeps ESG at the forefront

Environmental, social and governance (ESG) issues are increasingly at the forefront of debate in the Australian market and 2021’s AGM season proved no exception.

SEC approves proxy voting rule changes

The US Securities and Exchange Commission (SEC) has approved several amendments to proxy voting rules to address concerns about the impairment of advice quality.

EU Flags in front of the European Commission

EBA publishes standards on voting disclosures

Investment firms will be expected to publish more data on their voting rights and influence over companies in which they invest under new EU rules.

Australian investors hit out at planned proxy rules

Australian investors hit out at planned proxy rules 14 May, 2021 A proposed Australian government clampdown on proxy advice provision risks limiting the ability of investors to raise issues with corporate boards, investor groups have warned. The rule changes, put forward by Australia’s federal treasurer Josh Frydenberg, would force proxy advice firms to make their […]